Question

Question 24 1 pts Investors buy portfolio insurance to protect themselves against? Correlation Risk Maximum drawdown Tail risk Changes in VaR Question 25 1 pts Hedge Fund investors' and managers' interests are aligned through the use of? Put options Incentive or performance fees Mark-to-market Management Fees Question 26 1 pts The following are disadvantages of investing in Fund of Funds except? Lack of transparency Exposure to other investors Lack of control Fund of Funds are less liquid than direct hedge fund investments

Answer 1

24. Investors buy portfolio insurance to protect themselves against

B.MAXIMUM DRAWDOWN

25.Hedge funds investors interest and manager interest are aligned through the use of

D. MANAGEMENT FEES

26. Disadvantage of investing in funds of funds are except-

(D) funds of fund are less liquid than direct hedge fund investments