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

cyncia · 2022年10月31日

No.PZ2018120301000028



请问品职题库里这道题的答案是出自哪里?


The discussion turns to benchmark selection. DFC’s previous fixed-income manager used a custom benchmark with the following characteristics:

  • Characteristic 1: The benchmark portfolio invests only in investment-grade bonds of US corporations with a minimum issuance size of $250 million.
  • Characteristic 2: Valuation occurs on a weekly basis, because many of the bonds in the index are valued weekly.
  • Characteristic 3: Historical prices and portfolio turnover are available for review.

Which of the custom benchmark’s characteristics violates the requirements for an appropriate benchmark portfolio?


答案

Correct Answer: B

B is correct. The use of an index as a widely accepted benchmark requires clear, transparent rules for security inclusion and weighting, investability, daily valuation, availability of past returns, and turnover. Because the custom benchmark is valued weekly rather than daily, this characteristic would be inconsistent with an appropriate benchmark.

2 个答案

pzqa015 · 2022年11月02日

嗨,爱思考的PZer你好:


这是一个比较偏的知识点,原版书有一句话,说估值频率是daily basis,所以题目说weekly basis是不正确的。

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

pzqa015 · 2022年10月31日

嗨,爱思考的PZer你好:


原版书课后题。

----------------------------------------------
努力的时光都是限量版,加油!

cyncia · 2022年11月02日

我的意思是 知识点是来自哪里?index必须按日估值这个 谢谢

  • 2

    回答
  • 0

    关注
  • 255

    浏览
相关问题