NO.PZ2022061307000042
问题如下:
Question Which of the following statements concerning different types of market indexes is least accurate?选项:
A.Commodity indexes are subject to different weighting methods for specific commodities. B.Equity indexes draw from a larger number of constituent securities than fixed-income indexes. C.Hedge fund indexes are subject to survivorship bias from voluntary reporting.解释:
SolutionB is correct. The fixed-income universe includes securities issued by governments, government agencies, and corporations with a variety of types and characteristics. The number of fixed-income securities is many times larger than the number of equity securities.
C is incorrect. Most research organizations rely on the voluntary cooperation of hedge funds to compile performance data. As a result, hedge fund indexes are subject to survivorship bias from voluntary reporting.
A is incorrect. Commodity indexes do not have an obvious weighting mechanism, and index providers create their own weighting methods. As a result, commodity indexes are subject to different weighting methods for specific commodities.
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