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

这个四月不太冷 · 2025年06月23日

C还是不理解

NO.PZ2024021801000063

问题如下:

Which of the following statements about thematic investing is most accurate?

选项:

A.Water funds underperform during economic cycle expansions

B.Clean energy funds outperform during economic cycle contractions

C.Thematic investing is not feasible through passive vehicles like ETFs

解释:

A. Correct because as an opposite example, water funds have a much more stable, regulatory outlook generally underpinned by strong cash flow and cash conversion. Often used as hedges against inflation, they will underperform during expansions in economic cycles when investors rotate towards growth.

B. Incorrect because clean energy tends to be a pro-cyclical growth sector that underperforms when capital spending and the economic cycle contract.

C. Incorrect because thematic investing targets sustainability-aligned themes as a means to construct a portfolio. While often designed around long-term, resource scarcity-oriented themes, such as water or clean energy, thematic funds may also focus on sustainable sectors like healthcare. This approach may be expressed both fundamentally and quantitatively through active quant strategies or more passive vehicles, such as exchange-traded funds (ETFs).

为什么解析说不可行,但又可以通过主动量化和ELT来实现,这不是矛盾了吗



1 个答案

Tina_品职助教 · 2025年06月24日

嗨,努力学习的PZer你好:


C选项说主题投资(Thematic investing)通常被认为不能通过被动型工具(如ETFs)来实现。这是错误的。

正像解释中提到的主题投资确实可以通过被动型工具(如ETFs)来实现。市场上已经存在许多跟踪特定主题的ETFs,这些ETFs通过跟踪特定主题的指数来实现主题投资。这种投资方式可以通过主动量化策略或更被动的工具(如交易所交易基金(ETFs))来实现,既可以基于基本面分析,也可以通过量化方法进行。

----------------------------------------------
就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

  • 1

    回答
  • 0

    关注
  • 4

    浏览
相关问题

NO.PZ2024021801000063 问题如下 Whiof the following statements about thematic investing is most accurate? A.Water fun unrperform ring economic cycle expansions B.Cleenergy fun outperform ring economic cycle contractions C.Thematic investing is not feasible through passive vehicles like ETFs Correbecause opposite example, water fun have a mumore stable, regulatory outlook generally unrpinnestrong cash flow ancash conversion. Often usehees against inflation, they will unrperform ring expansions in economic cycles when investors rotate towar growth.Incorrebecause cleenergy ten to a pro-cyclicgrowth sector thunrperforms when capitspenng anthe economic cycle contract.Incorrebecause thematic investing targets sustainability-alignethemes a means to construa portfolio. While often signearounlong-term, resourscarcity-orientethemes, suwater or cleenergy, thematic fun malso focus on sustainable sectors like healthcare. This approamexpresseboth funmentally anquantitatively through active quant strategies or more passive vehicles, suexchange-trafun (ETFs). 如果按照A和B的逻辑的话,那岂不是thematic investing无论在economic cycle好或者坏的时候,都是unrperformance?因为好的时候,表现可能不如其他增长型资产;坏的时候,不太可能跑赢市场?如果是这样的话,这种thematic investing在经济好的时候会怎么样?坏的时候会怎么样?

2024-07-28 16:09 3 · 回答

NO.PZ2024021801000063问题如下Whiof the following statements about thematic investing is most accurate?A.Water fun unrperform ring economic cycle expansionsB.Cleenergy fun outperform ring economic cycle contractionsC.Thematic investing is not feasible through passive vehicles like ETFs Correbecause opposite example, water fun have a mumore stable, regulatory outlook generally unrpinnestrong cash flow ancash conversion. Often usehees against inflation, they will unrperform ring expansions in economic cycles when investors rotate towar growth.Incorrebecause cleenergy ten to a pro-cyclicgrowth sector thunrperforms when capitspenng anthe economic cycle contract.Incorrebecause thematic investing targets sustainability-alignethemes a means to construa portfolio. While often signearounlong-term, resourscarcity-orientethemes, suwater or cleenergy, thematic fun malso focus on sustainable sectors like healthcare. This approamexpresseboth funmentally anquantitatively through active quant strategies or more passive vehicles, suexchange-trafun (ETFs). 这题怎么理解,请说明下

2024-05-26 19:15 1 · 回答