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Definition of 'Hedge Fund':
An aggressively managed portfolio of investments that uses advanced investment strategies define as leveraged, short, long and derivative positions in both international and domestic markets with the goal of producing high returns (either in an absolute sense or over a specific market benchmark).
Legally, hedge funds are most frequently set up as private investment partnerships that are open to a limited number of investors and need a very large initial minimum investment. Investments in hedge funds are illiquid as they often need investors keep their money in the fund for at least one year.
This is the part of after-tax personal income that is not spent.
Internal Rate of Retur n The discount rate at which the net current value (the value of all future cash flows, in excess of the real investment, expressed in today's d
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