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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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