CMFAS M8 Risks of Collective Investment Schemes question: buy and hold an inverse ETF for several years

An investor plans to buy and hold an inverse ETF for several years as a long-term hedge. Why is this generally inappropriate?

• A Inverse ETFs are locked in and cannot be sold until a fixed maturity date
• B They reset DAILY, so long-run returns diverge from the simple inverse; they are short-term tools
• C Inverse ETFs remove all market risk permanently, so there is nothing left to hedge
• D Inverse ETFs are guaranteed to deliver the exact opposite of the index's return over any holding period