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- UID
- 222325
- 帖子
- 366
- 主题
- 5
- 注册时间
- 2011-7-2
- 最后登录
- 2015-1-15
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| I think the key between private and public exchange funds is that private exchange funds are usually structured so that the investor retains some exposure to the potential upside in the stock holding, unlike public exchange funds where you have probably diversified it away. Dont know much more than that because CFAI wasnt really explicit there and didnt find anything when I googled it after taking the 2007 exam |
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发表于 2011-7-13 13:56
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