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When a banking firm offers proprietary mutual funds: The customer has a greater chance of earning a positive return The offering institution provides periodic statements

When a banking firm offers proprietary mutual funds:

  1. The customer has a greater chance of earning a positive return
  2. The offering institution provides periodic statements to the customer
  3. The offering institution can provide investment advice to the customer
  4. The offering institution acts as broker for an unaffiliated mutual fund

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