Investments
11th Edition
ISBN: 9781259277177
Author: Zvi Bodie Professor, Alex Kane, Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Question
Chapter 26, Problem 6PS
Summary Introduction
To select:
The reason by which investor in a fund of funds would earn less return in comparison to investing in an individual hedge fund, if an investor is considering hedge fund investing.
Introduction:
A fund of funds is an investment strategy in which investor invests in different type of underlying assets rather than investing only in stocks, securities or bond.
A hedge fund is a fund which is outside from government jurisdiction. It is mainly for a private limited
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