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(b) Your mother has just read from an investment brochure the two terms: (i) Funds of Funds and (ii) Family of Funds

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(b) Your mother has just read from an investment brochure the two terms: (i) Funds of Funds and (ii) Family of Funds. She would like you to tell her what they are. (To be concise, you can explain each in one sentence) (5 marks)