CFA Practice Question

There are 275 practice questions for this study session.

CFA Practice Question

The annual management fee charged by investment firms to compensate fund managers is typically a ______.

A. percentage of the capital gains and income of the fund
B. fixed-dollar amount ratified by the shareholders before the year begins
C. percentage of the average net assets of the fund
Correct Answer: C

User Contributed Comments 3

User Comment
farhan92 would be A and C for HF's - 2/20 etc
khalifa92 yeah true good i saw ur comment
joeclark They are asking for management fee not performance fee
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