Ursula Works Within a Large Corporation

question 64

Multiple Choice

Ursula works within a large corporation. Her job is to take ideas and turn them into profitable products for the business. Ursula is a(n)

• A) social entrepreneur.
• B) reluctant entrepreneur.
• C) corporate refugee.
• D) intrapreneur.

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Definitions:

Hedge Fund Performance

The return generated by hedge funds, which are investment funds that employ various strategies to earn active return for their investors.

Carry

In finance, it refers to the profit or loss from holding an investment over a period of time, not including its price changes.

AUM

Assets Under Management, which refers to the total market value of the investments that a person or entity manages on behalf of clients.

Hedge Fund Fees

The charges that hedge funds impose on their investors, typically comprising a management fee and a performance fee.