NISM 19B AIFD Distributors Certification Exam Notes

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  • Management Fee Structure: Typically 1–2% of AUM annually.
  • Performance Fee Structure: Often 20% of returns above hurdle rate.
  • Hurdle Rate Importance: Ensures managers are rewarded for outperformance.
  • Fund Risk Profile: High due to leverage and complex strategies.
  • Performance Consistency: Evaluated through historical return trends.

NISM 19B AIFD Distributors

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