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Which of the statements related to Hedge Funds is NOT True? Only sophisticated wealthy investors can invested in Hedge funds. Hedge funds are not designed

Which of the statements related to "Hedge Funds" is NOT True?

Only sophisticated wealthy investors can invested in Hedge funds.

Hedge funds are not designed for the average investor

Hedge funds managers charge big fee compared to the mutual fund managers

To invest in a hedge fund, an investor should have at least $

100, 000

in liquid

financial assets

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