embraces quality and value style 在本题的作用是？

NO.PZ202207040100000401 问题如下 From the scription of the SoFun the most appropriate classification of its portfolio construction process is: A.top-wn systemati B.bottom-up systemati C.bottom-up scretionary. SolutionB is correct. The SoFunhcharacteristimost consistent with those of a bottom-up systematic manager. Emphasizing security-specific factors is a bottom-up metho Targeting low iosyncratic risk along with low concentrations incates a systematic approach, not a scretionary approach. Although the SoFunes sometimes consir macro ta anevents, this is not its primary top-wn iver of portfolio construction.A is incorrect. Although Soes sometimes consir macro ta anevents, this is not its primary top-wn iver of portfolio construction. C is incorrect. Targeting low iosyncratic risk along with low concentrations incates a systematic approach, not a scretionary approach. 题目对于bottom up 很清楚，但是没有说清楚为什么不是scretionary的方法。scretionary 可以用分散也可以集中的策略。如果按照这个逻辑。。。bottom up + scretionary 的策略也是正确的啊

NO.PZ202207040100000401 问题如下 From the scription of the SoFun the most appropriate classification of its portfolio construction process is: A.top-wn systemati B.bottom-up systemati C.bottom-up scretionary. SolutionB is correct. The SoFunhcharacteristimost consistent with those of a bottom-up systematic manager. Emphasizing security-specific factors is a bottom-up metho Targeting low iosyncratic risk along with low concentrations incates a systematic approach, not a scretionary approach. Although the SoFunes sometimes consir macro ta anevents, this is not its primary top-wn iver of portfolio construction.A is incorrect. Although Soes sometimes consir macro ta anevents, this is not its primary top-wn iver of portfolio construction. C is incorrect. Targeting low iosyncratic risk along with low concentrations incates a systematic approach, not a scretionary approach. 1、老师，请问这句话怎么理解“Sooccasionally consirs the economic angeopoliticenvironment, especially ring unusueconomic contions.” 感觉也可以解读为在某些经济环境下，也会对factor进行选择，这不是factor timing么？2、这题判断为是systematic 主要的点是题目中说降低iosyncratic risk么？