This only gets a very brief mention in the glossary and in the 2004 exams they ask some pretty detaled questions and some tricky multiple choice questions which can not be answerd from the brief definitions given in the notes
Hi It's worth keeping in mind that the 2004 syllabus and materials had much more coverage of investment trusts and unit trusts than there is now. Therefore the scope of potential questions was greater then than it is now Best regards Lynn
