NO.PZ2022120702000081
问题如下:
Which of these factors will be greater for an investor who is passively exposed to an ESG index than for an investor with actively managed investments?选项:
A.Investment costs and expenses. B.Complexity of investment strategies. C.Volume of operational decisions required. D.Risk of incorrectly included index constituents.解释:
相比主动管理的基金,被动投资策略的投资成本和费用更低、策略的复杂性更弱、需要做出的决策更少,这些因素并非被动投资者所关心的。选项D正确,因为ESG指数会有一些剔除,那么就会导致剩下的股票权重上升,那么跟母指数比,权重和母指数不一样,就是错误包含指数成份股的风险,相当于就是和母指数之间的tracking error比较大。为什么active没有?因为active不考虑母指数的问题。
这个问题翻译过来到底要问的是啥呀?感觉跟答案联系不上