NO.PZ201812020100000408
问题如下:
Which of the custom benchmark’s characteristics violates the requirements for an appropriate benchmark portfolio?
选项:
A.Characteristic 1
B.Characteristic 2
C.Characteristic 3
解释:
B
is correct. The use of an index as a widely accepted benchmark requires clear,
transparent rules for security inclusion and weighting, investability, daily
valuation, availability of past returns, and turnover. Because the custom
benchmark is valued weekly rather than daily, this characteristic would be
inconsistent with an appropriate benchmark.
如题