Asked by McKall Hulsey on Jul 29, 2024
Verified
Hedge funds traditionally have ______ than 100 investors and ______ to the general public.
A) more; advertise
B) more; do not advertise
C) less; advertise
D) less; do not advertise
Advertise
To announce or promote a product, service, or event publicly to encourage commercial interest.
Investors
Individuals or entities that allocate capital with the expectation of receiving financial returns.
- Evaluate the differences in organization, governance, and types of investors between hedge funds and mutual funds.
Verified Answer
RB
Rakesh BhagwanAug 04, 2024
Final Answer :
D
Explanation :
Hedge funds traditionally have less than 100 investors and do not advertise to the general public due to regulatory restrictions.
Learning Objectives
- Evaluate the differences in organization, governance, and types of investors between hedge funds and mutual funds.