A unit investment trust differs from a mutual fund in that
A)
it offers a combination of debt and equity securities in the unit.
B)
its originator guarantees a redemption price.
C)
its original portfolio is generally unchanged until the trust is dissolved.
D)
it requires considerably greater portfolio management.
C
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Before Cecilia can begin her part of the project, Neil and Harrison have to complete their parts. This could be described as ______.
A. a command group B. sequential task interdependence C. a relay D. decentralized power
Which of the following intensifies price competition?
a. Non-price-related costs of using competing alternatives are high. b. Wider distribution of competitor and or substitution offers. c. Personal relationships have been established. d. Switching costs are high. e. Customer need for time and location specificity.