Which of the following is common to both hedge funds and mutual funds?

Question

Quizplus · Accepted Answer

Both hedge funds and mutual funds charge management fees to cover the costs of managing the funds. While both types of funds may also charge performance fees, this is not a universal practice and therefore not a commonality between the two. Registration with an exchange, disclosure norms, and investor profiles vary widely between hedge funds and mutual funds, and therefore are not common to both.

Which of the Following Is Common to Both Hedge Funds