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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 am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

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® 2025 Level I Curriculum, Volume 5, Module 6.