The Units of a Segregated Fund Differ from the Units

question 79

Multiple Choice

The units of a segregated fund differ from the units of a mutual fund in that

• A)a segregated fund does not report a NAV.
• B)the units of the segregated fund are owned by the unit holder.
• C)each unit is insured from the date of purchase.
• D)the units of the segregated fund are owned by the insurance company.

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