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The direct investment approach, however, is not for every fund.
For every fund that beats the market, three typically come up short.
Bain officials insist that fees were never a way for the company to garner much in the way of profits and pointed out fee structures for every fund are agreed-upon in advance by investors.
There is no minimum account size, though if you have less than $50,000 or so, rebalancing more than a couple of times a year could become expensive, since you may have to pay brokerage commissions for every fund you buy and sell.
Silvia Sansoni Dig, and thou shall find On page 8, reader David Campbell rightly notes that a consumer- friendly telephone directory of the managers of the world's Best 500 Offshore Funds (Aug. 24, 1998, p. 44) should include a contact number for every fund's manager.
Similar(55)
By contrast, a donor might decline to be named so as not to become a mark for every fund-raiser in town.
The Democrats caved in the initial ramp-up and for every funding bill thereafter, with ease.
Deals at the Series A stage become so competitive that it really is every fund for itself.
("For every load fund, there is always an equal or better no-load fund -- always").
For every activist fund manager who is careful to exercise all his votes, such as Alastair Ross Goobey of Hermes, there are a dozen inactive ones.
LPs do not necessarily re-up for every future fund.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com