考察角度

问题如下：

Which method of style analysis is best used to properly classify the Lunnar Hedge-X fund?

选项：

A.Self-identification

B.Holdings-based analysis alone

C.Holdings-based and returns-based analysis combined

解释：

A is correct. Self-identification is the best way to classify Lunnar Hedge-X’s strategy. As a non-standard hedge fund that extensively uses short positions and derivatives, the description in the fund’s prospectus becomes the key source of information for those assigning a style. Neither a holdings-based approach nor a returns-based approach is likely to help classify Lunnar Hedge-X’s approach.

B is incorrect. As a non-standard hedge fund that extensively uses short positions and derivatives, the description in the fund’s prospectus becomes the key source of information for those assigning a style. A holdings-based approach is not going to help classify Lunnar Hedge-X’s approach.

C is incorrect. As a non-standard hedge fund that extensively uses short positions and derivatives, the description in the fund’s prospectus becomes the key source of information for those assigning a style. Neither a holdings-based approach nor a returns-based approach will help classify Lunnar Hedge-X’s approach.