CFA Practice Question

There are 139 practice questions for this study session.

CFA Practice Question

Which of the following is NOT a drawback of fund of funds investing?
A. Lowered return.
B. Diversification.
C. Difficulty in measuring performance.
Explanation: Diversification benefit is one of the chief reasons for investing in a fund of funds. Another benefit is availability of managerial expertise since hedge funds do not reveal their investment strategies.

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