NO.PZ2016031203000002
问题如下:
An investor is seeking an investment that can take long and short positions, may use multi-strategies, and historically exhibits low correlation with a traditional investment portfolio. The investor’s goals will be best satisfied with an investment in:
选项:
A.real estate.
B.a hedge fund.
C.a private equity fund.
解释:
B is correct.
Hedge funds may use a variety of strategies (event-driven, relative value, macro and equity hedge),generally have a low correlation with traditional investments, and may take long and short positions.
三个选项中只有Hedge funds 能允许做空,可以采用同时做多、做空的操作;同时Hedge funds 投资策略包括有事件驱动、宏观驱动等多种策略,且整体与传统资产相关性较低。因此,综合来看只有B选项最符合题目的描述。
historically exhibits low(high) correlation with a traditional investment
我已经知道何hedge fund是低关联的