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An investor is considering two mutual funds. Mutual Fund A invests in companies around the world representing industries expected to achieve superior returns. Mutual Fund B invests in financially stable countries throughout the world. Which one would be the best investment for the investor to choose? A. A, since industry factors have become more important for stock returns. B. B, since country factors are more important than industry factors. C. Either investment since they both should result in equally likely positive returns. |