A unit trust is a passive investment that holds a fixed portfolio of securities such as federal government bonds.
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Q5: If a closed-end investment company were liquidated,
Q6: Real estate investment trusts (REITs)are illustrative of
Q7: A mortgage trust is a REIT that
Q8: Unit trusts may be self-liquidating.
Q9: The cash flow generated by REITs is
Q11: The shares of a closed-end investment company
Q12: Since ETFs mimic an index, they do
Q13: As a result of arbitrage, ETFs tend
Q14: The discount paid for the shares of
Q15: The only costs of investing in a
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