NISM 19E Alternative Investment Fund Managers Certification Exam Notes

Page 59 Of 136

Go to:

  • Clawback Clause: Requires managers to return excess fees if losses occur later.
  • Fund Valuation: Periodic NAV updates reflect current asset values.
  • Risk Management: Involves monitoring leverage, liquidity, and market risks.
  • Investor Reporting: Detailed disclosures on fees, performance, and risks.
  • Tax Implications: Fees and returns impact post-tax returns for investors.

NISM 19E Alternative Investment Fund Managers

MODELEXAM MODELEXAM®