问题
单项选择题
Which of the following statements best describes the fund-of-funds (FOF) class of hedge funds A fund of funds:（）
A. allows smaller investors to participate in the venture capital market.
B. is open to institutional investors for the purpose of seeking arbitrage situations in hedge fund pricing.
C. allows smaller investors to access the hedge funds market.
答案
参考答案：C
解析：
A FOF is a fund that invests in hedge funds. They are open to both individual and institutional investors.