FIMM FCE Practice Questions - FIMM Combined Examination (FCE) Exam

Which statement best describes a unit trust scheme (UTS) as a form of investment?

A guaranteed-return savings account regulated by Bank Negara Malaysia A collective investment scheme that pools investors' money to invest in a diversified portfolio of assets A direct loan made by an investor to a single company A government bond issued only to institutional investors

Correct Answer:

A collective investment scheme that pools investors' money to invest in a diversified portfolio of assets

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