You are looking for an investment vehicle that has two characteristics. First, you want an incentive structure for asset managers you (the investor) earns more money. Second, you want a mostly diversified pool of investments. Which vehicle is your best op O Hedge fund O Closed-end mutual fund Open-end mutual fund

Personal Finance
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ISBN:9781337669214
Author:GARMAN
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Chapter16: Real Estate And High-risk Investments
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You are looking for an investment vehicle that has two characteristics. First, you want an incentive structure for asset managers where they earn more money when
you (the investor) earns more money. Second, you want a mostly diversified pool of investments. Which vehicle is your best option?
O Hedge fund
Closed-end mutual fund
Open-end mutual fund
Transcribed Image Text:You are looking for an investment vehicle that has two characteristics. First, you want an incentive structure for asset managers where they earn more money when you (the investor) earns more money. Second, you want a mostly diversified pool of investments. Which vehicle is your best option? O Hedge fund Closed-end mutual fund Open-end mutual fund
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