1 points Time Remaining 3 hours 32 minutes 11 seconds03:32:11 eBookPrintReferencesItem 31 Time Remaining 3 hours 32 minutes 11 seconds03:32:11 A __________ is a private investment pool open only to wealthy or institutional investors that is exempt from SEC regulation and can therefore pursue more speculative policies than mutual funds.
Hedge fund refers to that investment vehicle which serves only for the accredited investors, high class institutional investors and high net worth individuals. They hold the greatest risk and try to achieve highest return among all.