Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 0 of 3
Which statement is true?
B. Most hedge funds report a NAV at the end of each week.
C. Investments in a typical hedge fund are much less liquid than investments in a typical mutual fund.
A. Hedge funds are entirely not regulated.
B. Most hedge funds report a NAV at the end of each week.
C. Investments in a typical hedge fund are much less liquid than investments in a typical mutual fund.
User Contributed Comments 3
| User | Comment |
|---|---|
| ankurwa10 | Hedge Funds, even though LESS regulated, still are regulated. As for B, it really depends on the frequency specific to a particular Hedge Fund (and given the liquidity of asset classes they trade), could very well be weekly. The answer discounts B as an option because it says "most" HFs, so it may very well be factually true. nothing conceptual here. |
| Inaganti6 | Got this wrong. In case of doubt in the CFA, always choose the answer that is unconditionally true (relative to other answer options). D'OH! |
| ascruggs92 | ^Yep. I think they intentionally give us options that will sound correct if you take the time to overthink it. Not chill! |
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
explain the financial reporting and disclosures related to goodwill
CFA® 2025 Level I Curriculum, Volume 2, Module 3.