没理解C为啥错

NO.PZ201809170400000402 问题如下 James Leonaris a funof-fun manager with Future Generation, a large sovereign fun He is consiring whether to pursue more in-pth e ligenprocesses with three large-clong-only fun proposehis analysts. Although the fun emphasize fferent financimetrianuse fferent implementation methologies, they operate in the same market segment anare evaluateagainst the same benchmark. The analysts preparea short scription of eafun presentein Exhibit 1.When Leonars analysts met with Asgar they inquirewhether its managers engage in activist investing because Asgars portfolio frequently hol significant positions, because of their large asset size, anbecause of their emphasis on strong governanantheir ability to mol sources of cash-flow strengths anweaknesses within eabusiness. The manager incatethAsgarengages with companies from a long-term shareholr’s perspective, whiis consistent with the firm’s low portfolio turnover, anuses its voice, anits vote, on matters thcinfluencompanies’ long-term value.Leonarwants to confirm theamanager’s portfolios are consistent with its clarestyle. To this en Exhibit 2 presents key financiinformation associatewith eamanager’s portfolio analso with the inx thall three managers use. Whiof the following statements about the approaches anstyles of either Furlings, Asgar or Tokra is incorrect? Furlings is a top-wn sector rotator with a value orientation within sectors. Asgaris a bottom-up manager with a GARP (growth a reasonable price) style. Tokra is a factor-basemanager using value, growth, anprofitability metrics. C is an incorrestatement. Although Tokra is a factor manager, analthough it uses a value proxy suP/B ana profitability proxy sureturn on assets, it es not use a growth proxy suearnings growth over the last 12 or 36 months but rather a primomentum proxy. A is a correstatement. Furlings is a top-wn manager. It makes significant sector bets baseon instry aneconomic incators rivefrom the hemanager’s experience, anit es seleits securities within sectors while consiring relative valuation. B is a correstatement. Asgarfavors securities thhave reasonable valuations and aboveaverage growth prospects. It ha bottom-up approaanbuil its portfolio starting the security level. hello 这个B选择我把PEG ratio 算了一下，是最低的， 之前有个题说GARP 里prefery lower PEG 我看B的描述好像也说得通，怎么不对呢？

NO.PZ201809170400000402问题如下 Whiof the following statements about the approaches anstyles of either Furlings, Asgar or Tokra is incorrect? Furlings is a top-wn sector rotator with a value orientation within sectors. Asgaris a bottom-up manager with a GARP (growth a reasonable price) style. Tokra is a factor-basemanager using value, growth, anprofitability metrics. C is an incorrestatement. Although Tokra is a factor manager, analthough it uses a value proxy suP/B ana profitability proxy sureturn on assets, it es not use a growth proxy suearnings growth over the last 12 or 36 months but rather a primomentum proxy. A is a correstatement. Furlings is a top-wn manager. It makes significant sector bets baseon instry aneconomic incators rivefrom the hemanager’s experience, anit es seleits securities within sectors while consiring relative valuation. B is a correstatement. Asgarfavors securities thhave reasonable valuations and aboveaverage growth prospects. It ha bottom-up approaanbuil its portfolio starting the security level. 我理解的garp是high p/b 同时也有high growth rate,但是题干描述只是reasonable valuation，似乎并没有体现这两点

NO.PZ201809170400000402 问题如下 Whiof the following statements about the approaches anstyles of either Furlings, Asgar or Tokra is incorrect? Furlings is a top-wn sector rotator with a value orientation within sectors. Asgaris a bottom-up manager with a GARP (growth a reasonable price) style. Tokra is a factor-basemanager using value, growth, anprofitability metrics. C is an incorrestatement. Although Tokra is a factor manager, analthough it uses a value proxy suP/B ana profitability proxy sureturn on assets, it es not use a growth proxy suearnings growth over the last 12 or 36 months but rather a primomentum proxy. A is a correstatement. Furlings is a top-wn manager. It makes significant sector bets baseon instry aneconomic incators rivefrom the hemanager’s experience, anit es seleits securities within sectors while consiring relative valuation. B is a correstatement. Asgarfavors securities thhave reasonable valuations and aboveaverage growth prospects. It ha bottom-up approaanbuil its portfolio starting the security level. 有一个growth potential，所以我判断不属于value 而是属于growth based

NO.PZ201809170400000402 问题如下 Whiof the following statements about the approaches anstyles of either Furlings, Asgar or Tokra is incorrect? Furlings is a top-wn sector rotator with a value orientation within sectors. Asgaris a bottom-up manager with a GARP (growth a reasonable price) style. Tokra is a factor-basemanager using value, growth, anprofitability metrics. C is an incorrestatement. Although Tokra is a factor manager, analthough it uses a value proxy suP/B ana profitability proxy sureturn on assets, it es not use a growth proxy suearnings growth over the last 12 or 36 months but rather a primomentum proxy. A is a correstatement. Furlings is a top-wn manager. It makes significant sector bets baseon instry aneconomic incators rivefrom the hemanager’s experience, anit es seleits securities within sectors while consiring relative valuation. B is a correstatement. Asgarfavors securities thhave reasonable valuations and aboveaverage growth prospects. It ha bottom-up approaanbuil its portfolio starting the security level. 为什么是C,Tokra关注increase in stoprice，这个不算是growth 么？