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8. Which of the following is NOT an advantage of managed funds for investors? Select one: a. Professional management b. They offer high positive returns

8. Which of the following is NOT an advantage of managed funds for investors?

Select one:

a. Professional management

b. They offer high positive returns every year

c. Access to wholesale markets

d. For small investors they give the benefits of diversification

e. They offer a variety of investment styles

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