3 Questions
What must be done with a collectable or personal use asset within seven days of the fund acquiring it?
Insured in the fund's name
Which of the following is not allowed for collectables and personal use assets?
Transferred to a related party at market price
Which of the following is a requirement for investing in collectables and personal use assets?
Must comply with all other relevant investment restrictions
Test your knowledge about the regulations and requirements for collectables and personal use assets. Determine what actions need to be taken when a fund acquires such assets, as well as the restrictions and investment requirements associated with them.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
