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这次熬过去得了 · 2025年06月15日

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* 问题详情,请 查看题干

NO.PZ202206140600000602

问题如下:

Based on Zhang’s comment to Godwin related to Exhibit 1, the type of benchmarking that she is planning is best described as a(n):

选项:

A.factor model. B.absolute return. C.manager universe.

解释:

Solution

C is correct. A manager universe, or manager peer group, is a broad group of managers with similar investment disciplines. Although not a benchmark per se, a manager universe allows investors to make comparisons with the performance of other managers following similar investment disciplines.

A is incorrect. Factor-model-based benchmarks are constructed by regressing the portfolio’s return against the factors believed to influence returns.

B is incorrect. An absolute return benchmark is a minimum target return that the manager is expected to beat. It will not determine how the manager performed relative to other managers.

三个选项之间有什么区别

1 个答案

王暄_品职助教 · 2025年06月15日

嗨,努力学习的PZer你好:


Manager universe(C选项)是与其他同类策略基金经理比较业绩,factor model(A选项)是用统计模型分析收益来源,absolute return(B选项)是看是否达到固定收益目标。题目中Zhang要对比同类基金经理的表现,所以选C。

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努力的时光都是限量版,加油!