Managed funds can be organized as unit trusts. allowing many investors to pool their funds for investment. Which of the following statements is correct? Select one: C' a. Unit holders are beneficiaries and must pay tax on any dividend or capital gain they receive from the unit trust. f\" b. Unit trusts suffer the disadvantage that, unlike a company, they cannot receive franking credits I\"? 0. Unit holders pay tax only on dividends and do not pay capital gains if the trust held assets for more than 12 months C\"; d. Unit trusts can get franking credits for both Australian and overseas shareholdings K\"- e. All of the statements are correct Which of the following statement related to homeownership and housing investments is incorrect? Select one: re a. The main residence of a person is exempted from capital gain tax. F\" b. A common strategy of property investment in Australia is negative gear where the income generated from an investment property is less than the costs of maintaining the investment. C c. Interests on mortgage debt of home property and investment property are both tax deductible in Australia. if\" d. Direct property investment involves large initial cash outlay and is relatively illiquid. I\") e. The governments provide various benets to assist first homebuyers in Australia. Which of the following best describes an index fund? Select one: C'- a. The costs associated with index funds are generally higher than other managed funds because many securities must be held in the index fund r\Which of the following statement related to homeownership and housing investments is incorrect? Select one: (\"I a. The main residence of a person is exempted from capital gain tax. (\"I b. A common strategy of property investment in Australia is negative gear where the income generated from an investment property is less than the costs of maintaining the investment. O c. Interests on mortgage debt of home property and investment property are both tax deductible in Australia. C" d. Direct property investment involves large initial cash outlay and is relatively illiquid. C" e. The governments provide various benets to assist first homebuyers in Australia