NO.PZ202212270100001902
问题如下：
Based on Exhibit 2, the decision to overweight or underweight which of the following regions contributed positively to performance at the overall fund level?
选项：
A.North America
Greater Europe
Developed Asia and Australasia
解释：
Correct Answer: C
The decision to
underweight developed Asia and Australasia was a good one because the benchmark
for this region underperformed the total benchmark (12.85% versus 22.67%).
Alternatively, the question can be answered by calculating the allocation
effects for the three regions, as follows:
Allocation = (wi –
Wi)(Bi – B)
North America =
(10.84% – 7.67%)(16.47% – 22.67%) = –0.20%
Greater Europe =
(38.92% – 42.35%)(25.43% – 22.67%) = –0.09%
Developed Asia and
Australasia = (29.86% – 31.16%)(12.85% – 22.67%) = 0.13%
Developed Asia and
Australasia is the only region of the three that had a positive allocation
effect.
老师好，这道题目的问题是否不严谨？
我理解是问增加哪一个区域的投资能获得正收益，而Graeter Europe的 benchmark回报25.43%是大于整个投资组合 benchmark回报 22.67%的。所以 增加Graeter Europe 的投资占比没错才是
