NO.PZ2023010903000057
问题如下:
Which fund in Exhibit 1 most likely follows a bottom-up approach?
选项:
A.
Fund 1
B.
Fund 2
C.
Fund 3
解释:
Bottom-up managers evaluate the risk and return characteristics of individual securities and build portfolios based on stock-specific forecasts; Fund 3 follows this exact approach. Example views of bottom-up managers include expecting one auto company to outperform another, expecting a pharmaceutical company to outperform an auto company, and expecting a technology company to outperform a pharmaceutical company. Both bottom-up and top-down managers can be either diversified or concentrated in terms of securities.
为什么不选B,谢谢🙏