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Which of the following statements are true for managed funds? They provide access to wholesale investment markets by pooling the savings of individuals. They provide
Which of the following statements are true for managed funds?
They provide access to wholesale investment markets by pooling the savings of individuals. | ||
They provide opportunities for small investors to invest indirectly in financial securities and diversify the risk. | ||
They provide administrative efficiency and economies of scale for a small investor relative to a direct investment in securities. | ||
All of the given answers. |
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