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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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
calculate and interpret alternative investment returns both before and after fees
CFA® 2025 Level I Curriculum, Volume 5, Module 2.