Can anyone draw the differences in those 3 terms?
Here is one of the sentences:
The Manager may also require the transfer or compulsory redemption of any
Shares in circumstances where the holding may result in the Fund incurring
any liability to tax or suffering any other pecuniary disadvantage or being
required to register under the Investment Company Act of 1940, as amended of
the United States.
I always thought those 3 words are interchangeable????
Yes, and thanks to all inputs and help I already received!!!!!!!!
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