NO.PZ2024021801000012
问题如下:
Which of the following statements is most accurate? Best-in-class ESG strategies:选项:
A.demonstrate incremental gains via active ownership efforts. B.use a similar investment approach to exclusionary screening. C.exhibit inconsistent ESG scores across different ratings methodologies.解释:
C. Correct because the diversity of ESG ratings methodologies and lack of ratings convergence are a key challenge these strategies (positive alignment or best-in-class) face. They may score highly based on the portfolio manager’s methodology but score more poorly on another set of ESG metrics used by the fund’s investor or, for instance, a fund distribution platform like Morningstar. Hence, best-in-class portfolios will be tested on transparency as well as consistency.
B. Incorrect because positive alignment or best-in-class represents, to some degree, the inverse of exclusionary screening.
positive (best-i-class)和 active有什么本质区别么?