Question: How do the products offered by managed funds differ from those offered by authorised deposit taking institutions (ADIs)? Managed funds absorb all the risk exposure

How do the products offered by managed funds differ from those offered by authorised deposit taking institutions (ADIs)?

Managed funds absorb all the risk exposure for their investors.

Managed funds only offer services and products to large-value customers.

Indirect financing is used by ADIs.

ADIs only earn income from charging fees.

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