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The following does not belong to the main characteristics of the public offering fund is ().
Answer: b

The main features of Public Offering of Fund include: 1. Fund shares can be sold and publicized to the public, and the target of fund raising is not fixed; 2. The investment amount is low, which is suitable for small and medium investors to participate; 3. We must abide by the laws and regulations of the Fund and accept the strict supervision of the regulatory authorities.