Hello, First line of question 3.3 of chapter 3 is A fund manager brings an investment to market via a unit trust. ..... What exactly is meant by the line above?
"Bringing an investment to market" is simply the act of releasing an investment for others to participate in. So Question 3.3 says that a fund manager is releasing a particular opportunity in the form of a unit trust, but there are other ways or vehicles that could to used to achieve the same goal.
