NO.PZ2023010903000030
问题如下：
The board decides to consider adding a mid-cap manager. McMahon presents candidates for the mid-cap portfolio. Exhibit 2 provides fees and cash holdings for three portfolios and an index fund.
选项：
A. Portfolio 1
Portfolio 2
Portfolio 3
解释：
Of the three portfolios, Portfolio 3 has the lowest cash holding and the lowest fees. As a result, Portfolio 3 has the potential for the lowest tracking error compared with the other proposed portfolios.
Of the three portfolios, Portfolio 3 has the lowest cash holding and the lowest fees. As a result, Portfolio 3 has the potential for the lowest tracking error compared with the other proposed portfolios.
是选择Cash holding和Fees最低的还是选择Cash holding和Fees与benchmark最接近的tracking error最小？
