Question: Most actively managed mutual funds, when compared to a market index such as the S&P 500, A) Beat the market return in all years. B)

Most actively managed mutual funds, when compared to a market index such as the S&P 500,

  1. A) Beat the market return in all years.

  2. B) Beat the market return in most years.

  3. C) Do not outperform the market.

  4. D) None of the above is a correct statement

A mutual fund has a portfolio currently worth $215 million. It has 10 million shares outstanding. The funds NAV per share equals .?

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