SIE practice questionmediumPrivate Equity
An accredited investor is required for investing in which of the following packaged products?
- AOpen-end mutual funds
- BPrivate equity funds✓ Correct answer
- CREITs traded on exchanges
- D529 plans
Explanation
Why B — Private equity funds
Private equity funds are limited to accredited investors. Mutual funds, publicly traded REITs, and 529 plans are available to the general public.
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