Investments in hedge funds are restricted to more wealthy clients.

Name: Investments in hedge funds are restricted to more wealthy clients.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true. Hedge funds are typically only available to accredited investors, which generally means individuals with a net worth of at least $1 million or an annual income of at least $200,000. This is due to regulatory requirements designed to protect less sophisticated investors from the risks associated with hedge funds.

Investments in Hedge Funds Are Restricted to More Wealthy Clients