题目 The distribution method by which profits generated by a fund are allocated between LPs and the GP is called: 选项 A.a waterfall. B.an 80\/20 split. C.a fair division. 答案 A 解析 A is [...]
题目 An equity hedge fund following a fundamental growth strategy uses fundamental analysis to identify companies that are most likely to: 选项 A.be undervalued. B.be either undervalued or [...]
题目 An investor may prefer a single hedge fund to a fund of funds if he seeks: 选项 A.due diligence expertise. B.better redemption terms. C.a less complex fee structure. 答案 C 解析 C is [...]
题目 Which of the following forms of infrastructure investments is the most liquid? 选项 A.An unlisted infrastructure mutual fund B.A direct investment in a greenfield project C.An [...]
题目 Relative to traditional investments, alternative investments are least likely to be characterized by: 选项 A.high levels of transparency. B.limited historical return data. C.significant [...]
题目 The privatization of an existing hospital is best described as: 选项 A.a greenfield investment. B.a brownfield investment. C.an economic infrastructure investment. 答案 B 解析 B is [...]
题目 A significant challenge to investing in timber is most likely its: 选项 A.high correlation with other asset classes. B.dependence on an international competitive context. C.return volatility [...]
题目 Compared with traditional investments, alternative investments are more likely to have: 选项 A.greater use of leverage. B.long-only positions in liquid assets. C.more transparent and [...]
题目 An analyst wanting to assess the downside risk of an alternative investment is least likely to use the investment’s: 选项 A.Sortino ratio. B.value at risk (VaR). C.standard deviation of [...]
题目 Which of the following is least likely to be considered an alternative investment? 选项 A.Real estate B.Commodities C.Long-only equity funds 答案 C 解析 C is correct. Long-only equity [...]
