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Basic Question 2 of 9

Early stage investments in hedge funds are often rewarded with a reduction in management or performance fees. This fee structure is an example of:

A. Founders' shares
B. Fees based on asset size
C. Either/or fees

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

calculate and interpret alternative investment returns both before and after fees

CFA® 2025 Level I Curriculum, Volume 5, Module 2.