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rodikova [14]
3 years ago
8

The four-factor model used to construct performance benchmarks for mutual funds uses the three Fama and French factors and one a

dditional factor related to _________.A. the tenure of the fund managerB. momentumC. feesD. the age of the fund manager
Business
1 answer:
viva [34]3 years ago
5 0

Answer: B. momentum

Momentum is one of the factors that affect stock valuation thats why the it is used as the fourth factor where as the other 3 factors have no affect on stock valuation and are specific to the funds internal matters.

Explanation:

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