Options
- A
0.5%
- B
3%
- C
2.2%
-
0.8%
Correct answer
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X NISM Series X
Medium
#NISM XIX A for AIF Distributors
If a fund's total returns are 30%, with a hurdle rate of 22%, andd additional manager returns are payable at 10%, what percentage of the total returns does this extra amount represent?
Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.