n NISM Certifications
X NISM Series X
Medium

What does 'Blind Pool' mean in the context of an AIF?

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Investor commits contribution to the overall fund, not specific investments

    Correct answer

  2. B

    Funds are put in after suitable options are identified

  3. C

    Manager has liberty to transfer contributions across asset classes

  4. D

    Total corpus of the fund is not decided

Why this is the answer

'Blind pool' means investors commit funds to the entire fund, with specific investments made later by the manager.

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