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Anup knows that owning mutual funds will result in him being taxed on the distributions of income that are flowed out to him. He knows
Anup knows that owning mutual funds will result in him being taxed on the distributions of income that are flowed out to him. He knows that his owning units of a mutual fund trust, that the trust will issue him a T tax slip Statement of Trust Income Allocations while owning shares of a mutual fund corporation, the corporation will issue him a T tax slip Statement of investment Income Anup is prepared to pay the taxes on his investment in a Canadian mutual fund. The tax slip had investment income showing $ of capital gains, $ of dividend income and $ of interest income.What type of mutual fund does Anup likely own?Question Select one:aDividend fundb.Balanced growth and Income fundc.Sector fundd.Growth fund
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