You meet with your client Hakim for an annual review of his investment  portfolio. Hakim tells you he wants to sell the mutual funds in his non-registered investment portfolio and invest the proceeds into segregated funds. Which of the following CORRECTLY describes why Hakim would want to sell his mutual funds and invest in segregated funds?

a) Hakim can make an income stream from account value, which is not possible from his investment in mutual funds.

b) Hakim can get investments with a higher degree of liquidity than what is available from his investment in mutual funds.

c) Hakim can get possible creditor protection which is not available to him from his investment in mutual funds.

d) Hakim can be assured of easy switching facilities which are not available to him on his investment in mutual funds.

Answer rating: 100% (QA)

The answer would be cHakim can get possible creditor protection which is no... View the full answer