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What are the three fundamental principles that the control process must verify for investor entry and exit operations...

What are the three fundamental principles that the control process must verify for investor entry and exit operations in UCITS and AIFs?

Known-price valuation, unequal treatment of unitholders, free entry and exit
Unknown-price valuation, equal treatment of unitholders, free entry and exit
Unknown-price valuation, equal treatment of unitholders, restricted entry and exit
Known-price valuation, equal treatment of unitholders, free entry and exit