The Mutual Fund Enters into a Contract with a Distributor

question 21

True/False

The mutual fund enters into a contract with a distributor or broker-dealer to manage the fund's portfolios. The distributor can be an affiliate of a brokerage firm, an insurance company, a bank, an investment management firm, or an unrelated company.

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Definitions:

Presentation Graphics Program

Software designed to create visual aids and presentations to communicate ideas, data, and information effectively.

Intranet

A private network accessible only by an organization's staff, often serving as a secure platform for information sharing and communication.

Extranet

Secure network used for e-business and accessible through an organization’s website; available to external customers, suppliers, and other authorized users.

Botnet

A network of PCs that have been infected with one or more data-stealing viruses.