Question

What must be included in advertisements regarding the past performance of funds, if applicable?

a.

Compound annual returns for the previous three calendar years

b.

Corresponding benchmark index performance only

c.

Demonstrating a link between past performance and the future

d.

Compound annual returns for the previous five calendar years, expressing as a percentage rounded to the nearest 0.1%

Answer: (d).Compound annual returns for the previous five calendar years, expressing as a percentage rounded to the nearest 0.1% Explanation:Advertisements, if including past performance, must show compound annual returns for the previous five calendar years, expressed as a percentage rounded to the nearest 0.1%.

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Q. What must be included in advertisements regarding the past performance of funds, if applicable?

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