The fee charged by a typical hedge fund are sometimes called

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The fee charged by a typical hedge fund is called carried interest, which refers to the share of profits paid to a hedge fund manager as a performance fee. The term "carried interest" comes from the fact that the manager generally receives a portion of the profits in addition to their base management fee, and that portion is said to be "carried forward" until the fund realizes gains. This term is not to be confused with the other options given, as they refer to different types of fees charged by investment products.

The Fee Charged by a Typical Hedge Fund Are Sometimes