Question: When evaluating the performance of equity mutual funds, using a single factor model with the TSX composite index may not be adequate because many funds

When evaluating the performance of equity mutual funds, using a single factor model with the TSX composite index may not be adequate because many fundsBlank______.
Multiple choice question. choose the correct option
- invest in small stocks
- are pass-through entities
- are actively managed
- have a high turnover rate

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