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Basic Question 1 of 9
Hedge funds-of-funds were developed primarily to:
A. Create new investment strategies.
B. Provide access to hedge funds for smaller investors.
C. Reduce the costs of hedge fund investing.
D. Provide liquidity to hedge fund markets.
A. Create new investment strategies.
B. Provide access to hedge funds for smaller investors.
C. Reduce the costs of hedge fund investing.
D. Provide liquidity to hedge fund markets.
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I used your notes and passed ... highly recommended!

Lauren
Learning Outcome Statements
explain investment features of hedge funds and contrast them with other asset classes
describe investment forms and vehicles used in hedge fund investments
CFA® 2025 Level I Curriculum, Volume 5, Module 6.