a. Just because a mutual fund earns 20 percent return in one year, that does not mean

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a. "Just because a mutual fund earns 20 percent return in one year, that does not mean that investors should rush into it. The fund's performance must be market-adjusted."
b. "An international mutual fund's performance is subject to conditions beyond the fund manager's control."
c. "Small mutual funds will need to merge to compete with the major players in terms of efficiency."
Interpret the above statements made by Wall Street analysts and portfolio managers
Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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