Hedge Fund Managers,unlike Mutual Fund Managers,do Not Receive Fund-Performance-Related Fees

question 29

True/False

Hedge fund managers,unlike mutual fund managers,do not receive fund-performance-related fees.

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Definitions:

Members

Individuals who are part of a group, organization, or body with specific roles, rights, or duties.

S Corporations

A type of corporation in the United States that meets specific Internal Revenue Code requirements and passes income, losses, deductions, and credits through to shareholders for federal tax purposes.

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights and potential for financial returns based on the company's performance.

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.