In recent years, there has been a sharp increase in public unit trusts' holdings of equities at the expense of other asset forms.

Name: In recent years, there has been a sharp increase in public unit trusts' holdings of equities at the expense of other asset forms.
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Question

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Public unit trusts have increasingly allocated more of their portfolios to equities, often seeking higher returns, while reducing investments in other asset classes like bonds or cash.

In Recent Years, There Has Been a Sharp Increase in Public