With respect to hedge fund investing, the net return to an investor in a fund of funds

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With respect to hedge fund investing, the net return to an investor in a fund of funds would be lower than that earned from an individual hedge fund because of:

a. Both the extra layer of fees and the higher liquidity offered.

b. No reason; fund of funds earn returns that are equal to those of individual hedge funds.

c. The extra layer of fees only.

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jan 04, 2013 08:06 AM

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With respect to hedge fund investing, the net return to an investor in a fund of funds

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Hedge funds are defined as the fund which is formed by pooling of investment of several cli...View the full answer

Investments

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