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We also know that the fund would charge a 2% annual management fee, which would be higher than most actively managed mutualfunds and ETFs charge but is significantly less than the performance-based fee that hedge funds typically charge on top of their management fee. annualized).
What are hedge funds? A hedge fund has a lot in common with a standard actively managed mutualfund. Like a typical mutualfund , it pools the money of investors, and its managers decide how to invest that money. Hedge funds tend to charge significantly higher fees than mutualfunds.
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