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Min · 2023年11月05日

B选项

NO.PZ2023040301000068

问题如下:

Which of the following statements is most accurate with respect to rebalancing and reconstitution of security market indices?

选项:

A.

Equal weighted indices require frequent rebalancing

B.

Turnover within an index results from a reconstitution but not from rebalancing

C.

A price-weighted index requires rebalancing more than a market-capitalization­weighted index

解释:

After an equal weighted index is constructed and the prices of constituent securities change, the index is no longer equally weighted. Therefore, maintaining equal weights requires frequent adjustments (rebalancing) to the index

请问B选项Turnover within an index是什么意思?

1 个答案
已采纳答案

王园圆_品职助教 · 2023年11月05日

同学你好,turnover字面意思是流转,但在这里就是指指数发生的各种变动

所以无论是rebalancing还是reconstitution 都会导致指数内部发生变动

请看以下原版书截图中黄色部分