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恬恬爱吃香菜 · 2018年06月26日

问一道题:NO.PZ2015122802000084 [ CFA I ]

问题如下图:

选项:

A.

B.

C.

解释:

老师你好,在semi情况下一般选择被动投资对吗,为什么选B选项呢 谢谢解答

1 个答案

maggie_品职助教 · 2018年06月26日

你写的和答案不冲突啊,在半强有效市场,最好选择被动投资,因为主动投资会产生大量的交易费用,长期来看都无法跑赢大盘,所以答案B说被动投资会outperform主动投资。加油。


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NO.PZ2015122802000084问题如下 If markets are semi-strong-form efficient, then passive portfolio management strategies are most likely to:A.earn abnormreturns.B.outperform active trang strategies.C.unrperform active trang strategies. is correct.Costs associatewith active trang strategies woulfficult to recover; thus, suactive trang strategies woulhave fficulty outperforming passive strategies on a consistent after-cost basis.考点Efficient CapitMarket AnIts Forms在半强有效市场中,active的策略也无法获得超额收益,但它比passive投资策略成本还高。所以passive投资策略会优于active投资策略。 为什么题目没说不允许内幕交易,却不能选C?所以就默认不能内幕交易了么?也就是说不会有强无效市场了么?

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2021-12-16 00:42 1 · 回答

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