In: Finance
Master trusts allow investors to
Select one:
a. Switch between Funds and/or managers.
b. Buy or sell direct Australian shares.
c. All answers are correct.
d. Access a range of fund managers.
e. Two of the specific statements are correct.
Answer:
d. Access a range of fund managers.
Master trust allow access to a selection of fund managers (either chosen by you from the master trust's list, or chosen by the master trust manager). In master trust, assets are held on the client behalf.