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What is the MOST important item to disclose to a customer who invests in a fund of hedge funds?
A. The illiquidity of the investment
B. The high risk of speculative options strategies used by hedge fund managers
C. The high fees and expenses of the investment
D. The lack of disclosure about the underlying hedge funds
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Answers: 1
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What is the MOST important item to disclose to a customer who invests in a fund of hedge funds?
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