What Are Unit Investment Trusts

question 4

Multiple Choice

What are unit investment trusts?

• A)Portfolios of stocks and bonds that are traded on the major exchanges
• B)Portfolios that are set up at a point in time as are mutual funds,but are generally unmanaged
• C)Investments that wrap mutual funds in a tax-sheltered framework for an extra ongoing charge
• D)Both a and b
• E)Both b and c

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Definitions:

Decode

The process of interpreting or making sense of a message or information, especially by converting it from an encoded format into a readable or understandable form.

IMC Messages

Integrated Marketing Communication messages are part of a strategic approach to ensure all forms of communications and messages are carefully linked together.

Focus Groups

A qualitative research method in which a small group of people are asked about their perceptions, opinions, beliefs, and attitudes towards a product, service, concept, advertisement, idea, or packaging.

IMC Efforts

Integrated Marketing Communications strategies employed to unify and coordinate all marketing messages and tools to deliver a consistent message.