Which of the following statement is TRUE? a. Empirical evidence suggests that actively-managed mutual funds on average outperform the market even after deduoting all types c b. Asset allocation fundis typically hold both equities and fixed-income securities in relatively stable proportions. c. Similar to closed-end funds, ETFs cannot create or redeem shares. d. Compared to actively-managed funds, index funds and ETFs on average have similar or slightly better risk-adjusted returns. e. Front-end load and back-end load cannot provide benefits to mutual fund investors. .