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Which of the following statements is correct? A traditional closed-ended managed fund _______________________________. A. has a fixed number of shares on issue. B. issues non-tradable

Which of the following statements is correct?

A traditional closed-ended managed fund _______________________________.

A.

has a fixed number of shares on issue.

B.

issues non-tradable equity instruments.

C.

is subject to withdrawals by investors

D.

takes short positions.

E.

raises funds through the issue of shares and debt.

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