Ability to leave external managers in place在这道题里怎么理解

NO.PZ2024102501000009 问题如下 The Lemont Family Fountion (“the Fountion”) follows a systematic quarterly rebalancing polibaseon rebalancing corrirs for eaasset class. In the latest quarter, a significant sell-off in US public equities resultein unusually large 1.2% unrweight position relative to the applicable lower corrir bounry. This is the only poliexception requiring rebalancing attention.The Fountion’s investment teviews the sell-off temporary anremains pleasewith the performanof all externmanagers, inclung thof its US public equities manager. However, the sell-off hincreasethe significanof liquity anflexibility for the team. a result, the tenow consirs whether to rebalanthrough the cash market or the rivatives market. termine the most appropriate rebalancing choifor the Fountion’s investment team. Justify your response. termine the most appropriate rebalancing choifor the Fountion’s investment team. (Circle one.) The tenow consirs whether to rebalanthrough the rivatives market.The rivatives market requires less cost anmore flexible.This wcmeet the significanof liquity anflexibility for the team.麻烦老师也帮忙出个简化版的正确答案

NO.PZ2024102501000009 问题如下 The Lemont Family Fountion (“the Fountion”) follows a systematic quarterly rebalancing polibaseon rebalancing corrirs for eaasset class. In the latest quarter, a significant sell-off in US public equities resultein unusually large 1.2% unrweight position relative to the applicable lower corrir bounry. This is the only poliexception requiring rebalancing attention.The Fountion’s investment teviews the sell-off temporary anremains pleasewith the performanof all externmanagers, inclung thof its US public equities manager. However, the sell-off hincreasethe significanof liquity anflexibility for the team. a result, the tenow consirs whether to rebalanthrough the cash market or the rivatives market. termine the most appropriate rebalancing choifor the Fountion’s investment team. Justify your response. termine the most appropriate rebalancing choifor the Fountion’s investment team. (Circle one.) 老师这个答案的倒数第二段不太理解.这里的sell-off为\"抛售\", 这里的\"抛售\"是和流动性管理中\"stressesale\"这个紧急抛售一个意思吗?下一句说衍生品可以用来rebalanwith high level of liquity, 是说衍生品具有高流动性么?还是说衍生品会提供高流动性?

NO.PZ2024102501000009 问题如下 The Lemont Family Fountion (“the Fountion”) follows a systematic quarterly rebalancing polibaseon rebalancing corrirs for eaasset class. In the latest quarter, a significant sell-off in US public equities resultein unusually large 1.2% unrweight position relative to the applicable lower corrir bounry. This is the only poliexception requiring rebalancing attention.The Fountion’s investment teviews the sell-off temporary anremains pleasewith the performanof all externmanagers, inclung thof its US public equities manager. However, the sell-off hincreasethe significanof liquity anflexibility for the team. a result, the tenow consirs whether to rebalanthrough the cash market or the rivatives market. termine the most appropriate rebalancing choifor the Fountion’s investment team. Justify your response. termine the most appropriate rebalancing choifor the Fountion’s investment team. (Circle one.) 请问cash market指的是持现金或存银行拿rf么？

NO.PZ2024102501000009 问题如下 The Lemont Family Fountion (“the Fountion”) follows a systematic quarterly rebalancing polibaseon rebalancing corrirs for eaasset class. In the latest quarter, a significant sell-off in US public equities resultein unusually large 1.2% unrweight position relative to the applicable lower corrir bounry. This is the only poliexception requiring rebalancing attention.The Fountion’s investment teviews the sell-off temporary anremains pleasewith the performanof all externmanagers, inclung thof its US public equities manager. However, the sell-off hincreasethe significanof liquity anflexibility for the team. a result, the tenow consirs whether to rebalanthrough the cash market or the rivatives market. termine the most appropriate rebalancing choifor the Fountion’s investment team. Justify your response. termine the most appropriate rebalancing choifor the Fountion’s investment team. (Circle one.) 划线部分能否一下，没看懂；其中，第二句话，为啥要用短期平衡？