Which of the following is not true about Australian Industry funds? Select one: A. Industry funds are enterprises that o

[answerhappygod]

Which of the following is not true about Australian Industry
funds?
Select one:
A.
Industry funds are enterprises that operate for the benefit of
its members (investors)
B.
None of these.
C.
Generally, fees are higher for industry funds and service levels
are higher
D.
Non-industry funds are enterprises that operate (usually) to
generate profits for the benefit of the owners of the
enterprise
E.
It is not necessary to be employed within the industry sector to
invest in an industry fund