"The other candidate in this race has spent her entire life making money for special interests, and I will tell you, she’s made plenty of money for them and she’s been taking plenty of money out for herself. Hillary Clinton has perfected the politics of personal profit and even theft. She ran the State Department like her own personal hedge fund, doing favors for oppressive regimes, and many others and really many, many others in exchange for cash. Pure and simple, folks. Pure and simple."
http://time.com/4378270/donald-trump-hillary-clinton-foreign-policy-speech-transcript/
Mr. Trump mentioned "hedge fund. If you were wondering, as I was, what a hedge fund is or the meaning of it, see the meanings below:
Definition
A fund, usually used by wealthy individuals and institutions, which is allowed to use aggressive strategies that are unavailable to mutual funds, including selling short, leverage, program trading, swaps, arbitrage, and derivatives. Hedge funds are exempt from many of the rules and regulations governing other mutual funds, which allows them to accomplish aggressive investing goals. They are restricted by law to no more than 100 investors per fund, and as a result most hedge funds set extremely high minimum investment amounts, ranging anywhere from $250,000 to over $1 million.
Read more: http://www.investorwords.com/2296/hedge_fund.html#ixzz4Ck7cqZ3s
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As with traditional mutual funds, investors in hedge funds pay a management fee; however, hedge funds also collect a percentage of the profits (usually 20%).
Read more: http://www.investorwords.com/2296/hedge_fund.html#ixzz4Ck8ElymN
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“ The hedge fund allowed the wealthy investors to side step the law in order to make more money for themselves. ”
Read more: http://www.investorwords.com/2296/hedge_fund.html#ixzz4Ck7rmPy6
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