Question: a) Describe three broad categories into which we can classify investment funds. (5 marks) b) Discuss the types of investment strategies that will be pursued

a) Describe three broad categories into which we can classify investment funds. (5 marks) b) Discuss the types of investment strategies that will be pursued by funds in each category, detailing the types of investment instruments that will be accumulated and describe the risk profile of these instruments (15 marks)
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