问题如下:
Regulas Funds: Invests in
a combination of global equity securities from 5–10 different countries.
Portfolio weights are adjusted to take advantage of companies that appear to
have the best near-term growth
prospects.
Clickman asks
Leeter how Regulas Funds determines its equity selections. Leeter says that
Regulas uses monthly data from non-traditional, but measurable, sources to determine
the influence of customer and government attitudes toward a firm and its
products. Leeter also notes that Regulas compares its performance relative to
an equity benchmark customized to its strategy and that the factors tend to be
more volatile than traditional market factors. He also states that the fund
does tend to suffer in performance when exchange rates are volatile.
Using
Exhibit 1 and the equity selection process of Regulas Funds, the strategy
will most likely benefit from:
选项:
A.a portfolio overlay
a new benchmark
using annual rebalancing
解释:
Regulas Funds will
benefit from a portfolio overlay of derivative securities to eliminate exchange
rate risk.
B is incorrect.
Regulas uses a custom benchmark that is already appropriate for its strategy.
C is incorrect.
Annual rebalancing is too infrequent given the volatile nature of the factors
used by Regulas.
这道题到底想考哪个知识点?谢谢