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Explain the primary characteristics of the following types of investment funds: Unit Trusts Closed-end Funds Open-end Funds Exchange-traded Funds Your discussion should include why each
Explain the primary characteristics of the following types of investment funds:
Unit Trusts
Closed-end Funds
Open-end Funds
Exchange-traded Funds
Your discussion should include why each type might appeal to investors, and why investors might want to avoid them.
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