What is a defining characteristic of Interval Funds compared to other types of mutual funds? Option: "Units can be bought or sold at any time.", "Units can only be traded on the stock exchange.", "Units are only available to institutional investors.", "Units can only be bought or sold during specific intervals."

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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 are only available to institutional investors."

"Units can only be bought or sold during specific intervals."

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

"Units can only be bought or sold during specific intervals decided by the fund house."

"Units can only be traded on the stock exchange."

"Units can be bought or sold at any time."

"Units are only available to institutional investors."

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What is a key risk associated with Interval Funds?

"Their returns are always lower than other types of funds."

"They lack liquidity as units can only be redeemed at specific times."

"They are only available for purchase during specific intervals."

"They are highly susceptible to short-term market volatility."

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Which type of investor might find Interval Funds particularly suitable?

"Investors looking for short-term returns and unconventional assets."

"Investors seeking daily liquidity."

"Investors with a high-risk tolerance."

"Investors primarily interested in traditional stocks and bonds."

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Which type of investor might find Interval Funds suitable?

"Investors seeking daily liquidity and short-term gains."

"Investors looking for tax-free investment options."

"Investors with a high-risk appetite and long-term investment horizon."

"Investors interested in unconventional assets and comfortable with limited liquidity."

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What is a potential drawback of investing in Interval Funds?

"Complex tax implications compared to other fund types."

"Limited availability of investment options."

"Illiquidity, making it difficult to access funds quickly."

"High minimum investment requirements."