e Which of the following is(are) correct? In a closed-end mutual fund the fund manager will create new units for the new investors Mutual funds with active portfolio management usually charges a higher management fee than mutual funds with passive portfolio management . . I only II only Both I and II Neither I nor II . . Which of the following is(are) correct? It is possible for a Hong Kong investor to invest in the Japan stock market through mutual funds. The cost of investing in mutual funds is usually lower than investing directly in stocks. I only II only . Both I and II Neither I nor II When an investor short sells a stock, he most likely thinks the stock price will rise he can only set the sell price a one tick below the last executed price I only II only . Both I and II Neither I nor II . When an investor places a market buy order, it is possible that only part of his order will be filled his buy price may get higher and higher e I only II only Both I and II Neither I nor II 1009