You have a client who wishes to invest $100 per month into something that will give him the opportunity to share in the long-term growth prospects of the overall economy. Which of the following would probably be the most cost efficient investment vehicle?

You have a client who wishes to invest $100 per month into something that will give him the opportunity to share in the long-term growth prospects of the overall economy. Which of the following would probably be the most cost efficient investment vehicle?

You have a client who wishes to invest $100 per month into something that will give him the opportunity to share in the long-term growth prospects of the overall economy. Which of the following would probably be the most cost efficient investment vehicle?


A) Class A shares of a large-cap growth fund.

B) A no-load index mutual fund that mimics the S&P 500.

C) A fund of hedge funds.

D) An exchange traded fund (ETF) that mimics the S&P 500.



Answer: B) A no-load index mutual fund that mimics the S&P 500.


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