SIE Exam Question 833: Answer and Explanation

Question: 833

Which of the following allow investors to aggregate their own holdings as well as the holdings of certain related parties, such as spouses and children, toward achieving the investment thresholds at which breakpoint discounts become available?

• A. Rights of accumulation
• B. Rights of conversion
• C. Rights of deferment
• D. Rights of indenture

Correct Answer: A

Explanation:

Rights of accumulation allow investors to aggregate their own holdings as well as the holdings of certain related parties, such as spouses and children, toward achieving the investment thresholds at which breakpoint discounts become available.