A hedge fund is a relatively unregulated private investment partnership open only to wealthy individuals and institutions.

Name: A hedge fund is a relatively unregulated private investment partnership open only to wealthy individuals and institutions.
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Quizplus · Accepted Answer

This statement is true. Hedge funds typically have a minimum investment requirement and are only available to accredited investors. They are subject to fewer regulations than other types of investment funds.

A Hedge Fund Is a Relatively Unregulated Private Investment Partnership