Business, 20.11.2019 02:31 alexis24852

Aclient likes to spend a minimal amount of time reviewing their portfolio and does not want to incur any sizeable amount of transaction costs. the individual decides to invest in two well-known mutual funds that each mimics an index. once a year, the client plans to rebalance their assets between the two funds. which of the following describes the management strategy/style of this investor?
[a] the investor would be considered an active trader.
[b] this strategy would be considered a value-investing strategy.
[c] the investor would be considered a day-trader.
[d] this strategy would be considered a passive investment strategy.

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Aclient likes to spend a minimal amount of time reviewing their portfolio and does not want to incur...