问题如下:
4 Based on Exhibit 1 and Exhibit 2, the Red Grass Fund’s 2017 investment management fee is:
选项:
A.0.40%
1.00%
2.60%
解释:
B is correct.
Red Grass Fund’s fee schedule states that the fee will be the higher of either (1) the base fee or (2) the base fee plus the sharing of the positive performance. The 2017 return was negative and only the base fee should be applied.
老师 red基金2017年收益是-2%,但是他的benchmark收益是-10%,那么他的active return 应该是8%么?(-2-(-10))=8%