Multiple Choice
A 2 plus 20 fee structure for a hedge fund means that the fund:
A) takes 2% of any returns over 20%.
B) charges 2% of AUM and takes 20 percent of profits.
C) charges a 2% load and a 20% management fee.
D) charges a 20% load and a 2% management fee.
Correct Answer:
Verified
Correct Answer:
Verified
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