问题
单项选择题
Fund of fund hedge fund strategies have all of the following advantages except.()
A. Expertise of management.
B. Lower management fees.
C. Diversification.
答案
参考答案:B
解析:
Fund of Funds actually cause management fees to increase, not decrease. A fund of fund manager should have strong expertise, provide a diversified investment pool and provide investors with access to investments that might otherwise be closed for new investors. However, these advantages come at a price. Fund of fund managers need to charge a fee that is over and above the fee for each individual fund.