Unlisted Managed Funds

question 21

Multiple Choice

Unlisted managed funds:

• A) are closed ended structures.
• B) are structured so that a prospective unitholder will purchase units from other unitholders.
• C) operate as a trust structure and issues units to investors.
• D) all of the above.

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Definitions:

Cultural Dominance

The predominance of one culture over others, often leading to the subjugation or marginalization of minority cultures within a society.

Egalitarian

Describing a belief in or the practice of equal rights, opportunities, and treatment for all people, regardless of their background or status.

Ethnic Settings

Social environments marked by a specific cultural or racial identity.

Social Advantages

Benefits or privileges that a person or group has due to their status, identity, or position in society.