HKSI Paper 6 Practice Questions - HKSI Licensing Examination Paper 6 - Regulation Of Asset Management Exam

An open-ended fund company (OFC) in Hong Kong is best described as:

A unit trust constituted by a trust deed A corporate fund vehicle with variable capital used as an investment fund A limited partnership fund A segregated cell of an insurance company

Correct Answer:

A corporate fund vehicle with variable capital used as an investment fund

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