5-98 What does a hurdle rate specified by a hedge fund indicate?
A) The maximum number of investors possible in the fund that would allow it to avoid regulations.
B) The minimum amount required to be invested in the fund.
C) The net worth criterion for an individual to be deemed an "accredited investor."
D) The highest net asset value that the fund has previously achieved,above which the manager receives a performance fee.
E) The minimum annualized performance benchmark that must be realized before a performance fee can be assessed.
Correct Answer:
Verified
Q78: 5-71 Net asset value is found by
A)subtracting
Q79: 5-67 The type of abusive activity that
Q80: 5-77 What agency acts as the distributor
Q81: 5-89 The hedge fund industry is built
Q82: 5-84 An investor purchases fund shares with
Q84: 5-90 Hedge fund data
A)are self-reported.
B)can be independently
Q85: 5-97 Which of the following is common
Q86: 5-99 Which of the following are used
Q87: 5-82 Which act appointed the National Association
Q88: 5-81 Which process refers to the process
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