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This primer was written as a general introduction to hedge funds, their strategies and risk factors. For a more detailed view of the various strategies routinely used by hedge fund managers, the Canadian branch of the Alternative Investment Management Association (AIMA) published a free guide that can downloaded at
www.aima-canada.org/doc_bin/AIMA_Primer.pdf.
- INTRODUCTION
Hedge funds are pooled investment portfolios that differ from mutual funds in various ways. Although there is no universal definition, hedge funds share some common administrative and defining characteristics.
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