CISI Platforms (IOC) Practice Questions - CISI Platforms, Wealth Management And Service Providers (Investment Operations Certificate Unit) Exam

Historically, fund supermarkets differed from wrap platforms mainly because fund supermarkets:

Focused primarily on collective investments (funds) rather than a full range of wrapped assets Could not hold ISAs Were only available to institutional investors Charged no fees of any kind

Correct Answer:

Focused primarily on collective investments (funds) rather than a full range of wrapped assets

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