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Feeling · 2023年08月10日

怎么判断是positive screening还是negative screening

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NO.PZ201809170400000103

问题如下:

The DoGood Fund’s approach to the aerospace and defense industry is best described as:

选项:

A.

positive screening.

B.

negative screening.

C.

thematic investing.

解释:

B is correct. The DoGood fund excludes companies based on specified activities (e.g., aerospace and defense), which is a process of negative screening. Negative or exclusionary screening refers to the practice of excluding certain sectors or companies that deviate from accepted standards in areas such as human rights or environmental concerns.

A is incorrect because positive screening attempts to identify companies or sectors that score most favorably regarding ESG-related risks and/or opportunities. The restrictions on investing indicates that a negative screen is established.

C is incorrect because thematic investing focuses on investing in companies within a specific sector or following a specific theme, such as energy efficiency or climate change. The DoGood Fund’s investment universe includes all companies and sectors that have favorable ESG (no specific sectors or screens) but with specific exclusions.

"includes...that have favorable ESG ratings", 这句话和讲义上positive screening几乎一模一样。"exclude companies with..."也和讲义上negative screening一样。所以为什么答案是negative screening呢?



2 个答案
已采纳答案

笛子_品职助教 · 2023年08月12日

嗨,从没放弃的小努力你好:


positive挑好公司的过程,本身就自动排除了坏公司,positive并不需要再特意建立一个负面清单。

有负面清单,就是negtive.

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努力的时光都是限量版,加油!

笛子_品职助教 · 2023年08月11日

嗨,努力学习的PZer你好:


按照定义来。跳出好的,是positive。移除不好的,是negative。

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虽然现在很辛苦,但努力过的感觉真的很好,加油!

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