1116. Collection of money from investors and spending money in other investment activities is classified as

future funds
hedge funds
retirement funds
pension funds
✅ The correct answer is B.
Collection of money from investors and spending money in other investment activities is classified as hedge funds. A hedge fund is basically a fancy name for an investment partnership. It’s the marriage of a professional fund manager, who can often be known as the general partner, and the investors, sometimes known as the limited partners, who pool their money together into the fund.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top