1. How do index funds keep their expense ratios low? a. By trading stocks often for maximum gains for the funds. b. By maintaining their holdings similar to wellknown indexes. c. By having a team of...

1. How do index funds keep their expense ratios low?

a. By trading stocks often for maximum gains for the funds.

b. By maintaining their holdings similar to wellknown indexes.

c. By having a team of professional money managers look for the best options for the fund’s performance.

d. By holding fewer than ten companies in the fund.