No.PZ2023010903000059和No.PZ2023010903000057是否有些矛盾

No.PZ2023010903000059 (选择题)来源: 经典题

Shaw has particular interest in MFC’s popular Soar Fund (Soar), which relies on returns from factor exposures. The description of the fund states that it emphasizes security-specific factors, maintains low security concentration to keep idiosyncratic risk down, and embraces quality and value styles. Soar occasionally considers the economic and geopolitical environment, especially during unusual economic condi­tions.

From the description of the Soar Fund, the most appropriate classification of its portfolio construction process is:

A

top-down systematic

B

bottom-up systematic

C

bottom-discretionary

No.PZ2023010903000057 (选择题)来源: 经典题

Which fund in Exhibit 1 most likely follows a bottom-up approach?

A

Fund 1

B

Fund 2

C

Fund 3

没太理解为什么57里面target securities来体现growth风格倾向属于top down，而59里面emphasizes security-specific factors，强调quality and value style就属于bottom up了呢？

有点混乱，求讲解，谢谢