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Basic Question 2 of 15

The fee structure of a hedge fund is "2 and 20." This means:

A. incentive fee from 2% to 20%, depending on the fund performance.
B. 2% management fee and 20% incentive fee.
C. 2% management fee if the profit margin is over 20%.

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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

describe investment ownership and compensation structures commonly used in alternative investments

CFA® 2025 Level I Curriculum, Volume 5, Module 1.