When evaluating a fund's track record for future potential, which factors should be considered?

When evaluating a fund's track record for future potential, which factors should be considered?

• A. Past performance alone is sufficient.
• B. Market conditions should be disregarded.
• C. Track record shows past performance; evaluate consistency, risk-adjusted metrics, market conditions, and biases.
• D. Track record guarantees future results.

Answer: (C)