50 1 On the advice of one of his friends, your client Nicholas wants to invest $5,000 in a pooled fund. Nicholas has no idea what a pooled fund is. Nicholas has a portfolio of $25,000 at your dealer firm. Which of the following statements about pooled funds would you tell Nicholas? a Oa) Ob) Oc) Od) Distribution of pooled funds is restricted to investors who qualify under an exemption from the prospectus requirement, for example, accredited investors. They are sold under a prospectus. Pooled funds are required to comply with NI 81-102. Pooled funds are reporting issuers subject to continuous disclosure requirements