开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

1111111117 · 2025年01月23日

怎么理解 index weight

  1. CFA III
  2. Equity

* 问题详情，请 查看题干

NO.PZ201809170400000602

问题如下：

Which of the following position size policy constraints is the most restrictive in setting Manager A’s maximum position size in shares of Pasliant Corporation?

选项：

A.

Liquidity

B.

Allocation

C.

Index weight

解释：

A is correct. The maximum position size in shares of Pasliant Corporation (PC) is determined by the constraint with the lowest dollar amount. The maximum position size for PC under each constraint is calculated as follows:

Liquidity Constraint

Dollar value of PC traded daily = PC market cap × Average daily trading volume

Dollar value of PC traded daily = $3 billion × 1.0% = $30 million

Liquidity constraint = Dollar value of PC traded daily × Liquidity % threshold

Liquidity constraint = $30 million × 10% = $3 million

Allocation Constraint

Allocation constraint = AUM × Maximum position size threshold

Allocation constraint = $250 million × 3.0% = $7.5 million

Index Weight Constraint

Index weight constraint = AUM × (Index weight × 10)

Index weight constraint = $250 million × (0.20% × 10) = $5.0 million

The liquidity constraint of $3.0 million is less than both the $5.0 million index weight constraint and the $7.5 million allocation constraint. Therefore, the maximum allowable position size that Manager A may take in PC is $3.0 million.

怎么理解 index weight of 0.20%，是指这个股票在A的基金中占比0.2%么

添加评论
1 个答案

笛子_品职助教 · 2025年01月24日

嗨，爱思考的PZer你好：


怎么理解 index weight of 0.20%，是指这个股票在A的基金中占比0.2%么

Hello，亲爱的同学~

index是指数的意思，portfolio才是同学所说的：“基金”的含义。

从 index weight 的字面意思看，0.20%是指这个股票在index里的占比是0.2%。

----------------------------------------------
努力的时光都是限量版，加油！

  • 1

    回答

  • 0

    关注

  • 3

    浏览
相关问题

NO.PZ201809170400000602问题如下 Whiof the following position size policonstraints is the most restrictive in setting Manager A’s maximum position size in shares of Pasliant Corporation? A.LiquityB.AllocationC.Inx weight A is correct. The maximum position size in shares of Pasliant Corporation (Pis terminethe constraint with the lowest llamount. The maximum position size for PC unr eaconstraint is calculatefollows:Liquity Constraintllvalue of PC traily = PC market c× Average ily trang volumellvalue of PC traily = $3 billion × 1.0% = $30 millionLiquity constraint = llvalue of PC traily × Liquity % thresholiquity constraint = $30 million × 10% = $3 millionAllocation ConstraintAllocation constraint = AUM × Maximum position size thresholllocation constraint = $250 million × 3.0% = $7.5 millionInx Weight ConstraintInx weight constraint = AUM × (Inx weight × 10)Inx weight constraint = $250 million × (0.20% × 10) = $5.0 millionThe liquity constraint of $3.0 million is less thboth the $5.0 million inx weight constraint anthe $7.5 million allocation constraint. Therefore, the maximum allowable position size thManager A mtake in PC is $3.0 million. 为什么inx weight用AUM，而不是capitalization

2025-01-04 09:04 1 · 回答

NO.PZ201809170400000602 问题如下 Whiof the following position size policonstraints is the most restrictive in setting Manager A’s maximum position size in shares of Pasliant Corporation? A.Liquity B.Allocation C.Inx weight A is correct. The maximum position size in shares of Pasliant Corporation (Pis terminethe constraint with the lowest llamount. The maximum position size for PC unr eaconstraint is calculatefollows:Liquity Constraintllvalue of PC traily = PC market c× Average ily trang volumellvalue of PC traily = $3 billion × 1.0% = $30 millionLiquity constraint = llvalue of PC traily × Liquity % thresholiquity constraint = $30 million × 10% = $3 millionAllocation ConstraintAllocation constraint = AUM × Maximum position size thresholllocation constraint = $250 million × 3.0% = $7.5 millionInx Weight ConstraintInx weight constraint = AUM × (Inx weight × 10)Inx weight constraint = $250 million × (0.20% × 10) = $5.0 millionThe liquity constraint of $3.0 million is less thboth the $5.0 million inx weight constraint anthe $7.5 million allocation constraint. Therefore, the maximum allowable position size thManager A mtake in PC is $3.0 million. 没找到关于这部分的讲解，是否还在25年考纲内

2024-12-19 16:51 1 · 回答

NO.PZ201809170400000602问题如下 Whiof the following position size policonstraints is the most restrictive in setting Manager A’s maximum position size in shares of Pasliant Corporation? A.LiquityB.AllocationC.Inx weight A is correct. The maximum position size in shares of Pasliant Corporation (Pis terminethe constraint with the lowest llamount. The maximum position size for PC unr eaconstraint is calculatefollows:Liquity Constraintllvalue of PC traily = PC market c× Average ily trang volumellvalue of PC traily = $3 billion × 1.0% = $30 millionLiquity constraint = llvalue of PC traily × Liquity % thresholiquity constraint = $30 million × 10% = $3 millionAllocation ConstraintAllocation constraint = AUM × Maximum position size thresholllocation constraint = $250 million × 3.0% = $7.5 millionInx Weight ConstraintInx weight constraint = AUM × (Inx weight × 10)Inx weight constraint = $250 million × (0.20% × 10) = $5.0 millionThe liquity constraint of $3.0 million is less thboth the $5.0 million inx weight constraint anthe $7.5 million allocation constraint. Therefore, the maximum allowable position size thManager A mtake in PC is $3.0 million. 根据题目的描述，inx weight不是应该乘以市值吗？为什么题目是乘以在管规模呢

2023-07-11 15:06 1 · 回答

NO.PZ201809170400000602 问题如下 Whiof the following position size policonstraints is the most restrictive in setting Manager A’s maximum position size in shares of Pasliant Corporation? A.Liquity B.Allocation C.Inx weight A is correct. The maximum position size in shares of Pasliant Corporation (Pis terminethe constraint with the lowest llamount. The maximum position size for PC unr eaconstraint is calculatefollows:Liquity Constraintllvalue of PC traily = PC market c× Average ily trang volumellvalue of PC traily = $3 billion × 1.0% = $30 millionLiquity constraint = llvalue of PC traily × Liquity % thresholiquity constraint = $30 million × 10% = $3 millionAllocation ConstraintAllocation constraint = AUM × Maximum position size thresholllocation constraint = $250 million × 3.0% = $7.5 millionInx Weight ConstraintInx weight constraint = AUM × (Inx weight × 10)Inx weight constraint = $250 million × (0.20% × 10) = $5.0 millionThe liquity constraint of $3.0 million is less thboth the $5.0 million inx weight constraint anthe $7.5 million allocation constraint. Therefore, the maximum allowable position size thManager A mtake in PC is $3.0 million. Inx weightA基金中投资的任和一只股票的权重不能超过该股票在指数中权重的10倍。权重限制 = $250 million × (0.20% × 10) = $5.0 million怎么区分，有时候inx weight是用AUM 去乘，有时候是用maket cap去乘除，如何区分呢？

2023-05-06 21:47 1 · 回答