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Basic Question 1 of 9

Hedge funds-of-funds were developed primarily to:

A. Create new investment strategies.
B. Provide access to hedge funds for smaller investors.
C. Reduce the costs of hedge fund investing.
D. Provide liquidity to hedge fund markets.

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

explain investment features of hedge funds and contrast them with other asset classes

describe investment forms and vehicles used in hedge fund investments

CFA® 2024 Level I Curriculum, Volume 5, Module 6.