[CFA Level 1] Hedge Funds Trap Dissection | AceThePrep

CFA Level 1Alternative InvestmentsHedge Funds

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A hedge fund with $100M AUM at year start grows to $120M at year end. Under a 2% management fee (based on end-of-year AUM) and 20% performance fee (independent of hurdle), what are total fees?

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More Hedge Funds Questions in CFA Level 1

Tier 2CFA Level 1

In a hedge fund fee structure quoted as '2 and 20 with a high-water mark', the high-water mark provision ensur...

Inspect distractor trap

Tier 2CFA Level 1

Which hedge fund strategy seeks to profit from corporate reorganizations, spin-offs, restructurings, and merge...

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Tier 2CFA Level 1

An equity market neutral hedge fund strategy aims to:...

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Tier 2CFA Level 1

A 'lock-up period' in a hedge fund agreement refers to:...

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Tier 2CFA Level 1

A 'gate' provision in a hedge fund partnership agreement allows the fund manager to:...

Inspect distractor trap