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Tomtit [17]
4 years ago
7

During a routine review of customer accounts, you notice that one of the firm's clients liquidated her holdings in the Acme Blue

-Chip Growth Fund and the Acme Capital Fund for Growth. The entire proceeds were invested into three different growth funds distributed by the Beta Group. Your greatest concern with this account would be:_________.
A) switchingB) breakpoint sales
C) same-day substitutions
D) political risk
Business
1 answer:
iogann1982 [59]4 years ago
5 0

Answer:

A - Switching

Explanation:

Switching is a type of fund or investment diversification wherein an investor moves or transfers his investments between different investment or fund management schemes. An investor first has to liquidate his investments from one portfolio before switching to another one.

I would be concerned because of the supervisory authorities involved and because my customer may be incurring the  associated additional high sales and tax costs that comes with switching

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Vaughn Company has the following securities in its investment portfolio on December 31, 2020 (all securities were purchased in 2
vlabodo [156]

Answer:

Anderson Co. 3,100 shares at $18 per share

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3 years ago
Which of the following fees would likely be the highest? A. Overdraft fee B. Account transfer fee C. Monthly service fee D. ATM
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