1. 1. Which of the following is least likely to be considered an alternative investment?

      • Question 9

        1. Long-only equity funds

        2. Real estate

        3. Hedge Funds

        4. Commodities

2. Question 10

   Hurdle rates are usually based on:

   1. long-term bond rates

   2. short-term interest rates

   3. asset class rates of return

   4. fund sponsor determination

3. Question 11

   How is a synthetic ETF created?

   1. Through the use of sampling methods

   2. Through the use of derivatives

   3. Through the use of tactical methods to cherry-pick select stocks from the underlying index.

   4. Through the use of physical replication methods