Which of the following are characteristics that make hedge funds different from open-ended mutual funds? a. Investors

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Which of the following are characteristics that make hedge funds different from open-ended mutual funds?

a. Investors in hedge funds are limited to individuals with a high net worth and institutional investors.

b. Hedge funds most often are limited partnerships as opposed to investment companies.

c. Hedge funds are very illiquid investments, whereas open-ended mutual funds are relatively liquid.

d. All of the above.

Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...
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