5. A market's clearinghouse: a) Issues certificates representing securities to investors Keeps an electronic record of securities and their owners c) Is only involved in primary market trades d) All of these 6. Examples of growth assets include: Australian and international shares and Australian listed prope By International bonds c) Australian bonds d) Cash 202 An advantage of index funds over an active investment approach is: Consistently higher returns b) Consistently lower risk Lower management expense ratios None of these