What is a defining characteristic of Interval Funds compared to other types of mutual funds?

"Units can be bought or sold at any time." "Units can only be traded on the stock exchange." "Units can only be bought or sold during specific intervals." "Units are only available to institutional investors."

What is one of the advantages Interval Fund managers have in terms of investment strategy?

"They are required to follow a fixed investment strategy." "They have more flexibility due to less frequent redemption requests." "They primarily focus on highly liquid assets." "They are not subject to market fluctuations."

Which type of investor might find Interval Funds particularly suitable?

"Investors seeking daily liquidity." "Investors with a high-risk tolerance." "Investors looking for short-term returns and unconventional assets." "Investors primarily interested in traditional stocks and bonds."

What is a key risk associated with Interval Funds?

"Their returns are always lower than other types of funds." "They are highly susceptible to short-term market volatility." "They lack liquidity as units can only be redeemed at specific times." "They are only available for purchase during specific intervals."

How is the taxation of Interval Funds determined?

"All Interval Funds are taxed at a flat rate." "Taxation depends on the fund's performance." "Taxation is based on the investor's individual tax bracket." "Taxation depends on the percentage of equity and debt investments in the fund."