Which of the following statement is false regarding mutual funds? A) Investors earn dividends from most of the mutual funds B) Investors earn capital gain distributions from most of the funds C) Investors can profit from capital gains when they sell the fund at a profit D) Mutual funds are traded on an exchange and quotes are available during market times. E) If a fund distributes more than 90% of the income to fund holders, the fund itself is exempt from Taxes O A O B O C
O D
O E