When making a presentation to a client that wishes to purchase a mutual fund, the representative compares the 5-year return of the fund to the 10-year return of the Standard and Poor's 500 Index to illustrate the fund's performance. This action is:

A permitted

B permitted only if the fund has been in existence for no more than 5 years

C permitted only if the 5-year fund return is doubled to make it comparable to the 10-year return of the Standard and Poor's 500 Index

D prohibited

Q&A Education