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Which one of the following statements about Mutual Fund is wrong? Question 3 options: Mutual fund is an investment company. Mutual fund is also called

Which one of the following statements about Mutual Fund is wrong?

Question 3 options:

Mutual fund is an investment company.

Mutual fund is also called unit investment trusts.

Mutual fund is actively managed by professional mangers.

Mutual fund is an open-end fund.

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