Which of the following is UNLIKELY to occur in the event that overall market volatility suddenly increases, and market liquidity decreases?

	A.	All of statements are likely to occur.
	B.	Investors may get anxious and start redeeming capital.
	C.	The fund is likely to face funding problems, in which case the fund is forced to start reducing its positions.
	D.	A US-based mutual fund is likely to face margin requirements higher than 50 %
	E.	The financing spread, i.e., the cost of buying on margin and the interest earned on short-sale cash proceeds, is likely to increase.