SIE practice questionhardUITs - Portfolio
After formation, a UIT portfolio is generally:
- AConverted to an ETF
- BActively managed and rebalanced daily
- CLiquidated and replaced monthly
- DStatic, with little to no portfolio turnover✓ Correct answer
Explanation
Why D — Static, with little to no portfolio turnover
UITs maintain a static portfolio until maturity. B describes mutual funds; C/D are not features of UITs.
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