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Basic Question 4 of 5
Which statement is FALSE? A. An investor of fund investing does not need to conduct due diligence, as the fund may provide due diligence expertise when it comes to choosing investments.
B. If an investor co-invest some capital into an investment in a fund, no management fee is required.
C. In fund investing, the investor is likely a limited partner.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
compare direct investment, co-investment, and fund investment methods for alternative investments
CFA® 2025 Level I Curriculum, Volume 5, Module 1.