NO.PZ2018110601000029
问题如下:
The strategic asset allocation of Chris is 50% equity/50%bond, with a rebalancing range of 10%. Yesterday, Chris won a lottery of $20,000. He decided to open a new account for the reward and donate all the money after 20 years. The goal of donation has low priority, but Chris desires to earn the highest return if possible. The asset allocation of the donation account is most likely:
选项:
A.
50% equity/50%bond.
B.
60% equity/40% bond.
C.
100% equity/0% bond.
解释:
C is correct.
考点:goal-based asset allocation
解析:Chris的钱可以看作是他的sub-portfolio,目标的特点是low priority & high desire,这样的sub-portfolio可以投的更激进一些。另一方面,投资期20年-时间长,要求回报率-越高越好,所以可以全部投资到equity中。rebalancing range是针对原有资产的,对这笔新的资产不适用。
想请问一下,像这道题目另开一个账户,包括原版书课后题也有一道类似的是构建subportfolio,是不是都不受原本资产组合上下限影响呢?原来的上下限只针对那个组合而已?其他账户和其他资产都不受约束?谢谢