Proxy voting问题

问题如下：

Of the three techniques mentioned by the potential investment manager, which is most likely to interfere with Pool 2’s goal associated with corporate governance issues?

选项：

A.Technique 1

B.Technique 2

C.Technique 3

解释：

B is correct. When using security lending, the voting rights are transferred to the borrower of the securities. Thus, Pool 2 would not be able to exercise its voting rights through proxy on those shares.

A is incorrect. The dividend capture strategy is independent from the shares owed by the pool; shares that are about to go ex-dividend are purchased and sold after they go ex-dividend. There would be no impact on the core shareholdings in the portfolio being held for governance reasons.

C is incorrect. Writing covered calls involves selling call options on stocks that are already owned in the portfolio. It does not conflict with the desire to vote shares expressed in Pool 2.