NO.PZ2023122201000067
问题如下：
Selecting investment trades with high idiosyncratic risk is most likely associated with the management of which type of fund?选项：
A.Equity index ETF B.Long-only equity mutual fund C.Long/short equity hedge fund解释：
Long/short equity hedge funds are the most likely type of funds to seek out trades with high idiosyncratic risk, so their performance is driven primarily by stock selection and less by other factors, such as sector and market exposures. B is incorrect because long-only mutual funds are more likely to seek returns from market risk and sector risks with less emphasis on undiversifiable, security-specific risks. A is incorrect because equity index funds do not seek out idiosyncratic risk and simply try to mimic the performance of an index.没看懂
