Most actively-managed mutual funds, when compared to a market index such as the Wilshire 5000,

A) beat the market return in all years.
B) beat the market return in most years.
C) exceed the return on index funds.
D) do not outperform the market.

Actively-Managed Mutual Funds

Mutual funds managed by professionals who actively select investments in an effort to outperform the market.

Market Index

A statistical measure that represents the overall performance of a specific set of stocks or securities.

Wilshire 5000

A stock market index designed to measure the performance of all U.S.-headquartered equity securities with readily available price data.