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Basic Question 4 of 5
Which statement is FALSE? A. An investor of fund investing does not need to conduct due diligence, as the fund may provide due diligence expertise when it comes to choosing investments.
B. If an investor co-invest some capital into an investment in a fund, no management fee is required.
C. In fund investing, the investor is likely a limited partner.
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
compare direct investment, co-investment, and fund investment methods for alternative investments
CFA® 2024 Level I Curriculum, Volume 5, Module 1.