Question
2. What does each of the following acronyms stands for? (9 marks) LSVCC ------------------------------------------------------------------------------- NAVPS ------------------------------------------------------------------------------- ACB ------------------------------------------------------------------------------- Indicate whether the following is true or
2. What does each of the following acronyms stands for? (9 marks)
LSVCC
-------------------------------------------------------------------------------
NAVPS
-------------------------------------------------------------------------------
ACB
-------------------------------------------------------------------------------
Indicate whether the following is true or false (8 marks)
Mutual funds are sold through a simplified prospectus. ------------------
ETFs have maturity dates. ------------------
A Fund Manager can short sell in a mutual fund. ------------------
The MFDA regulates the distribution of mutual funds. ------------------
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