Frank has invested in a segregated fund that is generally considered lower risk and the fund pays
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Question:
Frank has invested in a segregated fund that is generally considered lower risk and the fund pays him regular income. The income he receives from the fund is primarily interest income, but he also receives dividends from some of the high quality stocks that are held within the fund. Which of the following CORRECTLY describes the segregated fund that Frank is invested in?
a) | real estate equity fund | |
b) | equity fund | |
c) | income fund | |
d) | money market fund |
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