[三级考试选择题总结]来对对答案吧，看你错了多少个？

goldenbin

楼上的还记得FOHF是怎么表述的吗？是比较型的，说FOHF的lock-up period和HF类似，还是只是单纯说FOHF有lock-up period？这题我记得是FOF和FOHF是分开的两段，不是连续的，我总觉得不是指一个东西，不然两句的主语干脆都用FOF好了。。

jinino

I don't remember the exact phrasing of the question. But judging from the material in the textbook, FOF = funds of hedge funds. See textbook 4 p.311 3rd paragraph. This is the first place the textbook mentions FOF. On p313 first paragraph on the top, the second last sentence, it says "FOFs usually do not impose lock-up periods and may permit more frequent investor exits."

会飞的小蘑菇

想对题建议自己论坛短信MSN,QQ私下里对,Please honor your signed pledge and code of ethics to CFA Institute!

[此贴子已经被作者于2008-6-14 1:20:39编辑过]

goldenbin

FOF和FOHF不对等，是有很大区别的。。而且我认为FOF出现在第二段，以简写的方式出现，而出现在第4段的fund of hedged fund以非简写的方式出现，显然不是指同一件东西。。

jinino

I know that FOF is not equal to FOHF. But you must answer this question yourself: where did you see the textbook materials discuss the difference/distinction between the two? If you cannot find it why would CFAI expect you to distinct the two in the exam?

My another reason is I don't think CFAI will play the wording trick in L3 exam, so I treat them as the same.

My $0.02

indigo

Is that Asian version? seems different...