NISM 19D Alternative Investment Fund Managers Certification Exam Notes
Page 48 Of 141
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Fund Managers’ Duties: Include fiduciary responsibility and compliance.
Investor Contributions: Managed through drawdowns and commitments.
Fund Audits: Ensure transparency and regulatory compliance.
Market Access: AIFs provide exposure to unlisted and niche assets.
Performance Fees: Linked to fund returns to incentivize managers.
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