NISM 19B AIFD Distributors Certification Exam Notes

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  • Performance Benchmarking: Compares fund returns to indices like Eurekahedge.
  • Illiquidity Risk: Long holding periods limit quick exits from investments.
  • Market Risk: Exposure to volatility in securities and commodity markets.
  • Derivatives Use: Includes futures, options, and swaps for hedging and speculation.
  • Commodity Futures: Category III AIFs invest in exchange-traded commodity contracts.

NISM 19B AIFD Distributors

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