CFA Practice Question

There are 294 practice questions for this study session.

CFA Practice Question

True or False?

I. Two investors in the same mutual fund may have different money-weighted returns.
II. Tax implications are likely different if the types of returns are different.
Correct Answer: Both statements are true.

I. This is because they invested different amounts in different years.

II. Taxes are likely to be different on different types of returns (e.g., capital gains versus interest income).

User Contributed Comments 1

User Comment
khalifa92 long term capital gains have favorable tax regulations on short term capital gains
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