Multiple choice

As a part of borrowing policy, the following need not be disclosed in an offer document.

  1. Purpose and circumstances of borrowing

  2. Regulatory limits on borrowing

  3. Potential risk to AMC and unit holders

  4. Names of lenders
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The borrowing policy in an offer document must disclose the purpose, circumstances, regulatory limits, and potential risks to AMC and unit holders. However, it does not need to disclose the specific names of lenders, as this is commercially sensitive information and not relevant for investors' decision-making.

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