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Distribution by a managed fund refers to ____________________. A. The grouping of different types of asset classes comprising the fund's portfolio. B. the redemption of
Distribution by a managed fund refers to ____________________.
A. | The grouping of different types of asset classes comprising the fund's portfolio. | |
B. | the redemption of units by investors. | |
C. | the transfer of the income generated by the assets in the fund's portfolio to unit or share holders, after deducting the fees. | |
D. | the issue of units among many investors. | |
E. | the payment of the fees to the manager of the fund. |
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