FIN MCQ
FIN 332
A ___ is a private investment pool, open to wealthy or institutional investors, that is exempt from SEC regulation and can therefore pursue more speculative and risky strategies than mutual funds.
A ___ is a private investment pool, open to wealthy or institutional investors, that is exempt from SEC regulation and can therefore pursue more speculative and risky strategies than mutual funds.
A ___ is a private investment pool, open to wealthy or institutional investors, that is exempt from SEC regulation and can therefore pursue more speculative and risky strategies than mutual funds.
A) commingled pool
B) unit trust
C) hedge fund
D) none of the above
Answer: C
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