Which of the following statements are CORRECT? I -  All managed funds offered to Hong Kong investors under the Mandatory Provident Fund Scheme (MPF) must be onshore funds. II -  All managed funds in Hong Kong must meet certain Securities and Futures Commission (SFC) standards. III -  Most of Hong Kong’s authorised unit trusts are domiciled outside Hong Kong. IV - Most of Hong Kong’s authorised unit trusts are domiciled in Hong Kong. A) I and III only B) I and IV only C) II and III only D)  II and IV only

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Which of the following statements are CORRECT?
I -  All managed funds offered to Hong Kong investors under the Mandatory
Provident Fund Scheme (MPF) must be onshore funds.
II -  All managed funds in Hong Kong must meet certain Securities and Futures
Commission (SFC) standards.
III -  Most of Hong Kong’s authorised unit trusts are domiciled outside Hong Kong.
IV - Most of Hong Kong’s authorised unit trusts are domiciled in Hong Kong.


A) I and III only
B) I and IV only
C) II and III only
D)  II and IV only

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