hedge-funds
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P1.T3.24.1 Net Asset Value (NAV), Mutual & Hedge Funds, and Hedge Fund Returns and Fees
Learning Objectives: Explain the concept of net asset value (NAV) of an open-end mutual fund and how it relates to share price. Explain the key differences between hedge funds and mutual funds. Calculate the return on a hedge fund investment and explain the incentive fee structure of a hedge...- Nicole Seaman
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- hedge-fund-fees hedge-fund-returns hedge-funds mutual-funds net-asset-value open-end-mutual-fund
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- Forum: FRM® Practice Questions
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P2.T9.21.14. Hedge fund due diligence
Learning objectives: Identify reasons for the failures of hedge funds in the past. Explain elements of the due diligence process used to assess investment managers. Identify themes and questions investors can consider when evaluating a hedge fund manager. Describe criteria that can be evaluated...- Nicole Seaman
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- business-model-risk due-diligence fraud-risk hedge-fund-manager hedge-funds investment-managers operational-environment risk-management-process
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- Forum: FRM® Practice Questions
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P2.T9.21.13 Hedge fund characteristics
Learning objectives: Describe the characteristics of hedge funds and the hedge fund industry and compare hedge funds with mutual funds. Explain biases that are commonly found in databases of hedge funds ... Compare and contrast the different hedge fund strategies, describe their return...- Nicole Seaman
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- agents hedge-fund-strategies hedge-funds inherent-risk mutual-funds principals return-characteristics risk-sharing-assymetry
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- Forum: FRM® Practice Questions
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P1.T3.21.7. Hedge fund basics
Learning objectives: Calculate the return on a hedge fund investment and explain the incentive fee structure of a hedge fund, including the terms hurdle rate, high-water mark, and clawback. Describe various hedge fund strategies including long/short equity, dedicated short, distressed...- Nicole Seaman
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- clawback convertible-arbitrage distressed-securities emerging-markets fixed-income-arbitrage global-macro hedge-fund-performance hedge-fund-strategies hedge-funds high-water-mark hurdle-rate incentive-fee-structure managed-futures merger-arbitrage mutual-funds
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- Forum: FRM® Practice Questions
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P2.T9.21.7. Risk budgets in the investment industry
Learning objectives: Define risk budgeting. Describe the impact of horizon, turnover, and leverage on the risk management process in the investment management industry. Describe the investment process of large investors such as pension funds. Describe the risk management challenges associated...- Nicole Seaman
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- hedge-funds horizon investment-process leverage pension-funds risk-budgets turnover
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- Forum: FRM® Practice Questions
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P1.T3.706 Hedge funds (Hull)
Learning objectives: Calculate the return on a hedge fund investment and explain the incentive fee structure of a hedge fund including the terms hurdle rate, high-water mark, and clawback. Describe various hedge fund strategies, including long/short equity, dedicated short, distressed...- Nicole Seaman
- Thread
- clawback convertible-arbitrage dedicated-short distressed-securities emerging-markets fixed-income-arbitrage global-macro hedge-fund-performance hedge-fund-strategies hedge-funds high-water-mark hull hurdle-rate incentive-fee-structure long/short-equity managed-futures measurement-biases merger-arbitrage
- Replies: 2
- Forum: FRM® Practice Questions
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P1.T3.705. Mutual funds (Hull)
Learning objectives: Differentiate among open-end mutual funds, closed-end mutual funds, and exchange-traded funds (ETFs). Calculate the net asset value (NAV) of an open-end mutual fund. Explain the key differences between hedge funds and mutual funds. Questions: 705.1 America's Best Fund...- Nicole Seaman
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- closed-end-mutual-fund etfs exchange-traded-funds hedge-funds hull mutual-funds nav net-asset-value open-end-mutual-fund
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- Forum: FRM® Practice Questions