单选题
Do hedge funds typically have a(n) : focus on relative returns? option-like fee structure? ①A. No No ②B. No Yes ③C. Yes No
【正确答案】
B
【答案解析】Hedge funds focus on absolute returns and place specific bets in the search for positive alphas. Because the fee structure includes a small base fee plus an incentive fee proportional to profits, hedge funds have an option-like fee structure.