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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Definitions:

State Project

Initiatives or programs undertaken by a government or public sector entity designed to achieve specific objectives, often relating to infrastructure, social, or economic development.

Public Good

A good that is non-excludable and non-rivalrous, meaning no one can be excluded from its use and one person's use does not reduce availability to others.

Total Benefits

In economics, the complete gain or value received from consuming a good or service, including both direct and indirect benefits.

Total Costs

The complete sum of all expenses incurred by a company in producing and marketing a product or service.