What is the definition of Evergreen Fund ? What are the characteristics/features of Evergreen Fund ? Anyone can advise ?
Sorry, it shall be in R48 (CFAI text V6)
Don’t have the text but what I recall: Normal GIPS standard apply to Evergreen funds and not PE or RE related. I believe this has to do with the liquidity Evergreen funds offer
rp77 Wrote: ------------------------------------------------------- > Don’t have the text but what I recall: Normal GIPS > standard apply to Evergreen funds and not PE or RE > related. I believe this has to do with the > liquidity Evergreen funds offer My questions are : What is the definition of Evergreen Fund ? What are the characteristics/features of Evergreen Fund ? Anyone can advise ?