Series 6 - Investment Company And Variable Contracts Products Representative Exam
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What is a suitable recommendation for an investor who doesn't believe that a professional fund manager can beat the market?
Aggressive fund
A
Balanced fund
B
Index fund
C
Core fund
D
Explanations
An index fund invests in securities that mirror a market index, such as the S&P 500 Index. Index funds are a suitable recommendation for investors who do not believe in paying a professional fund manager to pick stocks in a fund.