单选题 The implication of efficient capital markets and a lack of superior analysts have led to the introduction of:
  • A. futures options.
  • B. index funds.
  • C. balanced funds.
【正确答案】 B
【答案解析】An index fund is designed to duplicate the composition of a specific index series or market segment. There is a strong argument suggesting that portfolio managers cannot beat the market after fees, therefore an index fund should be used to try to match the market.