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CSI Canadian Securities Course Exam 2 CSC2 Question # 69 Topic 7 Discussion

CSI Canadian Securities Course Exam 2 CSC2 Question # 69 Topic 7 Discussion

CSC2 Exam Topic 7 Question 69 Discussion:
Question #: 69
Topic #: 7

What is a restriction that a mutual fund manager must follow?


A.

Adherence to maximum exposure limits for short selling


B.

Purchases of no more than 20% of the net assets in the securities of a single issuer


C.

Limit of no more than 30% on purchases of net assets in companies engaged in the same industry


D.

No purchases of shares in the manager ' s own company allowed


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