Higher portfolio turnoverI. results in greater tax liability for investorsII. results in greater trading costs for the fund, which investors have to pay forIII. is a characteristic of asset allocation fundsA. I onlyB. II onlyC. I and II onlyD. I, II and III

The correct answer is letter "D": I, II and III.

Explanation:

Portfolios are investment instruments that allow investors to access a diversified pool of assets reducing the risk inherent. Portfolios are mostly managed by professionals who charge a high fee of investors' profit for the services rendered. Portfolio turnover refers to the ability of managers in selling the assets in the portfolio quickly.

The higher the portfolio turnover, the higher the fees investors will have to pay to managers and for trading the assets. At the same time, the higher the portfolio turnover the higher the tax liability for the investor.

bd = 9 cm

step-by-step explanation:

in a 30°-60°-90° triangle, the ratio of side lengths is 1 : √3 : 2. that is, the longest side (hypotenuse) is twice the length of the shortest side.

all of the triangles in your geometry are 30°-60°-90° triangles. ac is the hypotenuse of δacd, and the short side of δabc.

the short side ad of δacd will be half the length of ac, so 3 cm. the hypotenuse ab of δabc will be twice the length of ac, so 12 cm. segment bd is the difference of the lengths ab and ad, so is

bd = ab -ad

bd = 12 cm - 3 cm = 9 cm

comment on side length ratios

you can figure the ratios of side lengths in a 30°-60°-90° triangle by considering the trig ratios of the angles. or you can figure the length of the altitude of an equilateral triangle of side length 2 using the pythagorean theorem.

answer; i believe the correct answer is energy star;