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________ Are Managed Accounts, Typically Mutual Funds or ETFs "Wrapped

Question 38

Multiple Choice

________ are managed accounts, typically mutual funds or ETFs "wrapped" in a service package, and provide investors with advice and assistance for an asset-based fee rather than the traditional front-end load.


A) Wrap channels
B) Supermarkets
C) Fee-based financial advisors
D) Wrap programs

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