NO.PZ2023103101000041
问题如下：
Q. Which of the following fund structures is most likely to be suitable for an institutional hedge fund investor that seeks a highly customizable offering with negotiable fees?
选项：
A.Separately managed hedge funds
B.Commingled hedge funds (master feeder funds)
C.Mutual funds
解释：
A is correct. A hedge fund SMA can be tailored to a single investor seeking a tailored portfolio with negotiated fees. The other fund structures do not generally offer customization or negotiable fees.
有点不理解这道题及分析
