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ASIC flags concerning marketing in 18 funds

Some 18 funds with $1.4 billion in assets under management have voluntarily amended their marketing materials after a surveillance operation by the regulator. ....

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ASIC concerns see 18 funds update advertising materials

ASIC surveillance of managed funds marketing materials has found several instances of inadequate warnings or disclaimers related to performance and downplaying of risks, leading 13 providers to make amendments. ....

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