张同学2024-07-16 15:02:11
老师,这道题答哪些关键点就可以呀,答案太长了
回答(1)
开开2024-07-21 23:58:24
同学你好,这题问哪个基金经理的费率结构更像是call option。需要说明以下要点:
Carpenter Management has a bonus-style fee with a maximum fee feature.
Bonus-style fee is similar to a manager’s call option on a share of active return.
Hidden Lake has a symmetrical fee structure.
So, Carpenter´s fee structure is most similar to a call option.
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