NISM 19C Alternative Investment Fund Managers Exam Notes

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  • Derivatives: Used by Category III AIFs for hedging or speculative purposes.
  • Commodities: Investments in physical or derivative commodity markets.
  • Structured Products: Complex instruments tailored to specific risk-return profiles.
  • Diversification: AIFs diversify across asset classes to reduce risk.
  • Risk-Return Profile: Varies by strategy, with hedge funds having higher risk.

NISM 19C Alternative Investment Fund Managers

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