NO.PZ202206260100000501
问题如下：
The description of the Gemini Fund strategy in its OM suggests the fund’s style most likely is:选项：
A.short biased. B.activist short selling. C.dedicated short selling.解释：
SolutionA is correct. The key focus of the Gemini Fund is to short securities it believes will decline in price. The fund has many of the characteristics of a short-biased hedge fund. Gemini is on average net short. Activist short-selling funds take short positions and publicly share their negative fundamental views. Dedicated short-selling funds take only short positions. Gemini maintains modest long positions to offset a bull market drag on performance.
B is incorrect. Activist short-selling funds take short positions and publicly share their negative fundamental views.
C is incorrect. Dedicated short-selling funds take only short positions, whereas Gemini also maintains value-oriented long positions.
以及此题选项的理由
