1. Most companies are required to hold a stockholder meeting at least once a year.
True
False
2. Many activist shareholders will use proxy voting to further their cause.
True
False
3. Distributors get paid for selling fund shares in 3 ways: directly by investors, indirectly through the fund and by the fund management company.
True
False
4. A hedge fund typically charges a management fee of 2% of AUM and 20% of performance above a high water mark
True
False
5. In relation to corporate governance, the board of directors appoints the CEO
True
False