The indirect cost ratio (ICR) :
A) measures management costs not deducted directly from investors' account balances to the average net assets of the fund.
B) measures the average net assets of the fund divided by the management costs deducted directly from investors' account balances.
C) approximates current performance bonuses.
D) all of the above.
Correct Answer:
Verified
Q1: The four main types of listed managed
Q3: According to the Australian Securities and Investments
Q4: Nominate the incorrect statement in relation to
Q5: A diversified managed fund adopting a conservative
Q6: The main contributors to the overall growth
Q7: Investing in asset classes directly or indirectly
Q8: The relationship that exists between unsystematic risk
Q9: The information ratio:
A) ignores market movements from
Q10: The management expense ratio (MER) is a
Q11: Unlisted managed funds that have a bid-offer
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