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boston21 Wrote:
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> Which type will outperform the other most of the
> time?
>
>
> Long Lock up period vs Short lock up period
>
> Young Fund vs Older Fund
>
> Large Fund vs Smaller Fund

I agree with steph's answers but let me give you some intuition behind those answers. You should always expect to be paid risk premiums.
> Long Lock up period vs Short lock up period
Liquidity premium -> long should outperform short

> Young Fund vs Older Fund
> Large Fund vs Smaller Fund
Premium for investing in small young funds. Additional risk demands corresponding premium.

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