Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 3 of 15
An investor gives a hedge fund $500k in 2020 and that investment's value falls to $300k. In 2021 the hedge fund produces 100% returns and that investment is now worth $600k. This individual would have to pay performance fees based on the gain of ______ in 2021.
B. $200k.
C. $300k.
A. $100k.
B. $200k.
C. $300k.
User Contributed Comments 0
You need to log in first to add your comment.
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
describe investment ownership and compensation structures commonly used in alternative investments
CFA® 2025 Level I Curriculum, Volume 5, Module 1.