NO.PZ2018101901000065
问题如下:
At the beginning of Year 1, a fund has $1 million under management; it earns a return of 8% for the year. The fund attracts another $10 million at the start of Year 2 and earns a return of 15% for that year. The money-weighted rate of return is most likely:
选项:
A.less than the time-weighted rate of return.
the same as the time-weighted rate of return.
greater than the time-weighted rate of return.
解释:
解析:这道题考察的是MWRR的结果贴近于权重大的那一期的回报率。而TWRR是近似于中间值的。用这种方法就可以进行快速比较。
rt
老师麻烦详细解释下,谢谢!