A nontraditional type of mutual fund formed as a partnership of up to either 99 or 499 wealthy investors with large minimum investments is a

Question

Quizplus · Accepted Answer

The description of a mutual fund formed as a partnership of wealthy investors with large minimum investments suggests a hedge fund, which typically have a limited number of investors with high levels of wealth and require large minimum investments.

A Nontraditional Type of Mutual Fund Formed as a Partnership