15 seconds. Question Completion Status: Moving to the next question prevents changes to this answer Question 13 of 20 Question 13 1 points Save Answer A large mutual fund manager describes its flagship mutual fund as follows: "As the industry's first index fund for individual investors, the XYZ Index Fund is a low cost way to gain diversified exposure to the US. equity market. Which of the following statements about the XYZ index fund is true? XYZ is an actively managed fund and the type of professional that is most likely to manage this fund is a Chartered Financial Analyst (CFA) XYZ is a phesively managed tand and the type of professional that is most likely to manage this fund is a sol side analyst XYZ is a passively managed fund and the type of professional that is most likely to manage this fund is a Chartered Financial Analyst (CFA). XYZ is a passively managed fund and the type of professional that is most likely to manage this fund is a Certified Financial Planner (CFP) Moving to the next question prevents changes to this answer Question 13 of 20 > earch 236 PM 9/21/2020 hp 96 3 5 6 7 8. 9 o R