Question

In: Finance

Master trusts allow investors to Select one: a. Switch between Funds and/or managers. b. Buy or...

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.

Solutions

Expert Solution

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.


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