问题如下图：
选项：
A. 
B. 
C. 
解释：
这题怎么理解conflict of interest？D基金投资了F公司股票，而F公司的Pension投资了D基金，怎么就对D基金带来利益冲突了？是因为F公司的Pension会左右D基金的投资决策吗？
NO.PZ201809170400000106 问题如下 Whiof the following notes about the GooFunis correct? Only Note 2 Only Note 3 Both Note 2 anNote 3 B is correbecause the funbecomes a free-rir if it allows other shareholrs to engage in actions thbenefit the fun antherefore Note 3 is correct. In theory, some investors coulbenefit from the shareholr engagement of others unr the so-calle\"free rir problem.\" Specifically, assume tha portfolio manager using active strategy actively engages with a company to improve its operations anwsuccessful in increasing the company’s stoprice. The manager’s actions in this case improvethe value of his portfolio analso benefitted other investors thown the same stoin their portfolios. Those investors thnot participate in shareholr engagement benefit from improved performanbut without the costs necessary for engagement. Note 2 is incorrebecause a confliof interest arises on the part of the GooFund if it owns shares of a company thinvests in the fun Conflicts of interest cresult for a company. For example, a portfolio manager coulengage with a company thalso happens to investor in the manager’s portfolio. In such a situation, a portfolio manager munly influenceto support the company’s management so not to jeoparze the company’s investment mante with the portfolio manager. 老师，请问Note 2中，是不是双方都会受到利益冲突
NO.PZ201809170400000106 Only Note 3 Both Note 2 anNote 3 B is correbecause the funbecomes a free-rir if it allows other shareholrs to engage in actions thbenefit the fun antherefore Note 3 is correct. In theory, some investors coulbenefit from the shareholr engagement of others unr the so-calle\"free rir problem.\" Specifically, assume tha portfolio manager using active strategy actively engages with a company to improve its operations anwsuccessful in increasing the company’s stoprice. The manager’s actions in this case improvethe value of his portfolio analso benefitteother investors thown the same stoin their portfolios. Those investors thnot participate in shareholr engagement benefit from improveperformanbut without the costs necessary for engagement. Note 2 is incorrebecause a confliof interest arises on the part of the GooFunif it owns shares of a company thinvests in the fun Conflicts of interest cresult for a company. For example, a portfolio manager coulengage with a company thalso happens to investor in the manager’s portfolio. In sua situation, a portfolio manager munly influenceto support the company’s management so not to jeoparze the company’s investment mante with the portfolio manager. ．能一下note2讲什么吗 没看懂意思
NO.PZ201809170400000106 Only Note 3 Both Note 2 anNote 3 B is correbecause the funbecomes a free-rir if it allows other shareholrs to engage in actions thbenefit the fun antherefore Note 3 is correct. In theory, some investors coulbenefit from the shareholr engagement of others unr the so-calle\"free rir problem.\" Specifically, assume tha portfolio manager using active strategy actively engages with a company to improve its operations anwsuccessful in increasing the company’s stoprice. The manager’s actions in this case improvethe value of his portfolio analso benefitteother investors thown the same stoin their portfolios. Those investors thnot participate in shareholr engagement benefit from improveperformanbut without the costs necessary for engagement. Note 2 is incorrebecause a confliof interest arises on the part of the GooFunif it owns shares of a company thinvests in the fun Conflicts of interest cresult for a company. For example, a portfolio manager coulengage with a company thalso happens to investor in the manager’s portfolio. In sua situation, a portfolio manager munly influenceto support the company’s management so not to jeoparze the company’s investment mante with the portfolio manager. goofun投资了这家公司的股票，这家公司的pension又把钱给 fun理，这样两家 fun这家公司都应该有利益冲突，是吗？
Only Note 3 Both Note 2 anNote 3 B is correbecause the funbecomes a free-rir if it allows other shareholrs to engage in actions thbenefit the fun antherefore Note 3 is correct. In theory, some investors coulbenefit from the shareholr engagement of others unr the so-calle\"free rir problem.\" Specifically, assume tha portfolio manager using active strategy actively engages with a company to improve its operations anwsuccessful in increasing the company’s stoprice. The manager’s actions in this case improvethe value of his portfolio analso benefitteother investors thown the same stoin their portfolios. Those investors thnot participate in shareholr engagement benefit from improveperformanbut without the costs necessary for engagement. Note 2 is incorrebecause a confliof interest arises on the part of the GooFunif it owns shares of a company thinvests in the fun Conflicts of interest cresult for a company. For example, a portfolio manager coulengage with a company thalso happens to investor in the manager’s portfolio. In sua situation, a portfolio manager munly influenceto support the company’s management so not to jeoparze the company’s investment mante with the portfolio manager. 抱歉请问可以帮助我理解一下note 3吗？Note3是说goo参与shareholr activism，因此，goo能会有free-rir的现象。free-rir是指有的股东主动参与经营时，其他不出力，但是可以坐享其成。可是，如果没有activism，free-rir也就不存在了呀，为什么会有free- rir存在？谢谢！
