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Question 584 - CTFA discussion

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A UIT typically issues redeemable securities (or ''units''), like a mutual fund, which means:

A.
That the UITs typically will make a one-time ''public offering''
Answers
A.
That the UITs typically will make a one-time ''public offering''
B.
A UIT does not activity trade its investment portfolio
Answers
B.
A UIT does not activity trade its investment portfolio
C.
That the UIT will, buy back an investor's request at their approximate net asset value
Answers
C.
That the UIT will, buy back an investor's request at their approximate net asset value
D.
All of these
Answers
D.
All of these
Suggested answer: C
asked 16/09/2024
David Wilson
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