Briefly explain the reasons why the unit price of an unlisted managed fund is likely to change on a regular basis. In addressing this question reference should be made to the various asset classes, their returns over time, how their returns impact unit price of the fund and also how cash distributions from the fund affect value and unit price of the fund.

Answer rating: 100% (QA)

If the fund is unlisted new units in managed funds that are still open for investment are issued in ... View the full answer