A Unit Trust Is a Passive Investment That Holds a Fixed

question 46

True/False

A unit trust is a passive investment that holds a fixed portfolio of securities such as federal government bonds.

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Definitions:

Constituted

Formed or made up from certain parts or elements; established or created in a specified manner or composition.

Categories

Fundamental classes or divisions used to organize concepts, objects, or experiences, especially in philosophy and logic.

Immanuel Kant

A pivotal figure in the history of philosophy, whose comprehensive and systematic work in epistemology, ethics, and aesthetics greatly influenced all subsequent philosophy, particularly the various schools of Kantianism and Idealism.

World of Nature

The entirety of the natural world, encompassing all life forms, ecosystems, and physical phenomena not created or significantly altered by human beings.