问题如下:
Which of the following investment vehicles provide investors with the highest degree of liquidity?
选项:
A.Open-end funds
Private equity funds
Limited partnerships
解释:
A is correct.
Open-end funds provide daily liquidity; shares are bought and sold at the end-of-day NAV. Limited partnerships and private equity funds typically require investors to invest their money for longer periods.
Limited partnerships 不也包括投资公募基金吗?比如FOF