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Sponsors of unit investment trusts earn a profit by ______________________ . Select one: a. deducting management fees from fund assets b. selling shares in the
Sponsors of unit investment trusts earn a profit by ______________________ . Select one: a. deducting management fees from fund assets b. selling shares in the trust at a premium to the cost of acquiring the underlying assets c. charging portfolio turnover fees d. deducting a percentage of any gains in asset value
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