The net tangible asset value of a managed fund increased from $12.03 to $13.53, but its price per unit increased by only $1.26. This information indicates that the fund
A) is a listed fund.
B) is an unlisted fund.
C) paid out $1 in dividends.
D) paid out $1 in capital gains.
Correct Answer:
Verified
Q24: Which one of the following statements is
Q25: Information for ABC Fund is
Q26: Risk- seeking investors seeking maximum capital appreciation
Q27: Investors purchase units in an unlisted managed
Q28: The ability to automatically buy additional fund
Q30: Investors are generally well advised to avoid
Q31: Which one of the following statements concerning
Q32: One characteristic of most index funds is
Q33: Like ordinary shares, exchange traded funds (ETFs)
Q34: Socially responsible funds are distinguished from other
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