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Consider an XTB fund. Which of the following statements is NOT correct? A. The fund issues packages of units to authorized participants. B. Retail investors
Consider an XTB fund.
Which of the following statements is NOT correct?
A. | The fund issues packages of units to authorized participants. | |
B. | Retail investors receive several units when they bring a single bond to the XTB fund. | |
C. | The fund selects a portfolio whose composition is exclusively composed of one type of bonds. | |
D. | Retail investors can trade the XTB units in the secondary market. | |
E. | Authorized participants pay the XTB funds with money in order to get the package of units. |
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