Which of the Following Is (Are) True About Hedge Funds

question 72

Multiple Choice

Which of the following is (are) true about hedge funds?
I. They are open to institutional investors.
II. They are open to wealthy individuals.
III. They are more likely than mutual funds to pursue simple strategies.

• A) I and II only
• B) I and III only
• C) II and III only
• D) I, II, and III

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Definitions:

Distribution Costs

Expenses associated with delivering a product from the manufacturer to the end user, including transportation, storage, and handling.

Power Distance

A cultural dimension that describes the extent to which individuals in a society accept and expect power to be distributed unequally.

Collectivist Nature

A cultural characteristic where people prioritize group goals over individual interests.

Long-Term Orientation

A cultural dimension that describes a society's time horizon, focusing on future rewards, perseverance, and savings.