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

A key similarity between a unit trust scheme (UTS) and a Private Retirement Scheme (PRS) is that both:

Are guaranteed by the Malaysian government Are collective investment vehicles where assets are held by an approved trustee Allow unlimited withdrawals at any time without conditions Are sold only through banks

Correct Answer:

Are collective investment vehicles where assets are held by an approved trustee

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