SIE practice questionmediumHedge Funds
Which investor is generally eligible to purchase hedge funds?
- AAny individual who purchases through a broker
- BAccredited or qualified investors meeting minimum wealth criteria✓ Correct answer
- CAll employees of the Investment Company Institute
- DOnly government employees
Explanation
Why B — Accredited or qualified investors meeting minimum wealth criteria
A is correct; hedge funds are sold to accredited or qualified investors. B, C, and D are incorrect—there are strict eligibility criteria for hedge fund investors.
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