The return of hedge fund for the second year which makes it eligible for earning incentive fees of 20 % which is given on returns above the T—bill rate which is currently at 2 % . Introduction: The hedge fund is that type kind of fund in which there is no interference of government and law. This fund is a private pool fund which made from taking money from the big investors & close people and invests them in different kinds of securities.

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Chapter 20, Problem 3PS

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To determine:

The return of hedge fund for the second year which makes it eligible for earning incentive fees of 20% which is given on returns above the T—bill rate which is currently at 2% .

Introduction:

The hedge fund is that type kind of fund in which there is no interference of government and law. This fund is a private pool fund which made from taking money from the big investors & close people and invests them in different kinds of securities.

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