1.Licensed investment managers may invest the funds of investors directly in which of the following products?

i. Long-term insurance

ii. Real estate

iii. Unlisted equity instruments

iv. Pension fund investments

None of the options

(ii), (iii) and (iv) only

(i) and (iii) only

(i), (ii) and (iv) only

(i), (iii) and (iv) only