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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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