Options
- A
True
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False
Correct answer
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X NISM Series X
Medium
#NISM XIX A for AIF Distributors
An important good practice for distributors is to avoid identifying funds that promise minimum guaranteed returns meeting the investor's hurdle rate, as such guarantees are not permitted. Therefore, the statement that distributors should identify funds offering minimum guaranteed returns is false. Distributors must abstain from guaranteeing or assuring returns in Alternative Investment Fund (AIF) schemes to adhere to ethical standards and regulations.
Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.