SIE Exam Practice Question 494

Question: 494

An investor with $20,000 invested in the XYZ growth fund is:

A. An owner of XYZ.

B. A stockholder in XYZ.

C. Both an owner of XYZ and an owner of an undivided interest in the XYZ growth portfolio.

D. An owner of an undivided interest in the XYZ growth portfolio.