NO.PZ201512181000007207
问题如下：
In Statement 4, Kynnersley describes a constraint associated with a:
选项：
A.risk budget
position limit.
stop-loss limit.
解释：
B is correct.
Position limits are limits on the market value of any given investment; they are excellent controls on overconcentration. Position limits can be expressed in currency units or as a percentage of net assets. The Alpha Core Equity Fund restricts the exposure of individual securities to 1.75% of the total portfolio.
The Alpha Core Equity Fund restricts the exposure of individual securities to 1.75% of the total portfolio.
因为看到限制每个个体占中风险的比例=分配了每个个体的风险才选的risk budgeting
请问如果改成risk budgeting应该是什么？还是risk budgeting 只能用在different portfolio asset class， operation？
