开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

Alex · 2024年11月15日

请问老师，在问investment objective的时候，mission还需要写吗？

  1. CFA III
  2. 机构IPS

NO.PZ2023010409000021

问题如下：

The Prometheo University Scholarship Endowment (the Endowment) was established in 1950 and supports scholarships for students attending Prometheo University. The Endowment’s assets under management are relatively small, and it has an annual spending policy of 6% of the five-year rolling asset value.

Formulate the investment objectives section of the investment policy statement for the Endowment.

选项：

解释：

The mission of the Prometheo University Scholarship Endowment is to provide scholarships for students attending the university. In order to achieve this mission, the Endowment must maintain the purchasing power of the assets in perpetuity while achieving investment returns sufficient to sustain the level of spending necessary to support the scholarship budget. Therefore, the investment objective of the endowment should be to achieve a total real rate of return (after inflation) of at least 6% with a reasonable level of risk.

Investment mission 是 Maintain the purchasing power of assets into perpetuity while achieving investment return sufficient to sustain the spending necessary to support the unversity budget.

而investment obejct 是 Achieve a total return of 6% (after infaltion, HEPI) with a reasonable level of risk over the long term.

请问考试中是不是最好把两句都写出来。

添加评论
1 个答案

Lucky_品职助教 · 2024年11月18日

嗨，爱思考的PZer你好：


同学你好：


是的，Mission 和 primary objective 最好都能写出来，但是一些second 或是 third objective, 就不需要写了。

这几种机构投资者的Mission都大同小异，主要是 primary objective，在写的时候，一是要注意，pension和其他类型的，会有不同，二是，对于return和risk，如果题干中有确切的数字描述，也一定要抄进来。

----------------------------------------------
虽然现在很辛苦，但努力过的感觉真的很好，加油！

  • 1

    回答

  • 0

    关注

  • 6

    浏览
相关问题

NO.PZ2023010409000021 问题如下 The Prometheo UniversityScholarship Enwment (the Enwment) westablishein 1950 ansupportsscholarships for stunts attenng Prometheo University. The Enwment’sassets unr management are relatively small, anit hannuspenngpoliof 6% of the five-yerolling asset value.Formulate theinvestment objectives section of the investment polistatement for theEnwment. The mission of the Prometheo University Scholarship Enwment is to provi scholarships for stunts attenng the university. In orr to achieve this mission, the Enwment must maintain the purchasing power of the assets in perpetuity while achieving investment returns sufficient to sustain the level of spenng necessary to support the scholarship buet. Therefore, the investment objective of the enwment shoulto achieve a totrerate of return (after inflation) of least 6% with a reasonable level of risk. 答案里说In orr to achieve this mission, the Enwment must maintain the purchasing power of the assets in perpetuity while achieving investment returns sufficient to sustain the level of spenng necessary to support the scholarship buet.但是课上说mission是maintain the purchasing power of the assets in perpetuity while achieving investment returns sufficient to sustain the level of spenng？

2024-02-06 16:56 1 · 回答

NO.PZ2023010409000021 问题如下 The Prometheo UniversityScholarship Enwment (the Enwment) westablishein 1950 ansupportsscholarships for stunts attenng Prometheo University. The Enwment’sassets unr management are relatively small, anit hannuspenngpoliof 6% of the five-yerolling asset value.Formulate theinvestment objectives section of the investment polistatement for theEnwment. The mission of the Prometheo University Scholarship Enwment is to provi scholarships for stunts attenng the university. In orr to achieve this mission, the Enwment must maintain the purchasing power of the assets in perpetuity while achieving investment returns sufficient to sustain the level of spenng necessary to support the scholarship buet. Therefore, the investment objective of the enwment shoulto achieve a totrerate of return (after inflation) of least 6% with a reasonable level of risk. 这道题的考点是IPS的内容？考试会考具体的IPS的正文补充吗，请老师讲下答题思路

2024-01-25 14:11 1 · 回答