** please answer this question only** your aunt decides to invest 10 million into a hedge fund. the fund charges 2% management fee based on assets under management at year end and 15% incentive fee based on returns in excess of a 10% hurdle rate. the fund was up 22% last year. calculate your aunts net return

You very wali TO-you-old recently widowed aunt has asked you about orative investments Her investment manager has suggested they wil a portion of her point de fundo quity fund your aunt typically doesn't get involved in these decisions because she knows very attle about investments, however she now that you are among w wants to or your opinions She asks that you keep all your explanations very simple, emphasizing she finds the world of investments very conting (10 ml Which investment product would you recommend and why? Make sure your response includes the risk of each teative and include your recommendations which tede Wurd or vite equity fund you think is best for her. Remember to wito your response in you own words and in words that your and can understand the wory do Wear 15 marsrespective of your recommendation in part your art decides to invest $10 million in a hedge funct The fund charges a management e banoon am do 15% incentive too based on returns in excess of a 10% hurdle The fund wp 22 in the finst year Call your aunt Show all