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

layla · 2019年04月22日

问一道题：NO.PZ201809170400000203 第3小题 [ CFA III ]

  1. CFA III
  2. Equity

* 问题详情，请 查看题干

expense ratio指的是什么？ 为什么higher expense ratio  tracming error大？

问题如下图：

选项：

A.

B.

C.

解释：

添加评论
1 个答案

maggie_品职助教 · 2019年04月23日

这个比率其实就是费率的意思，费率越高说明交易费用越高，我们就越难追得上benchmark的业绩，那么跟踪误差就越大。

  • 1

    回答

  • 1

    关注

  • 511

    浏览
相关问题

NO.PZ201809170400000203问题如下 Baseon Exhibit 1 anassuming a full-replication inxing approach, the tracking error is expecteto highest for: XIU. SPY. EFA. C is correct. inx thcontains a large number of constituents will tento create higher tracking error thone with fewer constituents. Baseon the number of constituents in the three inxes (S&P/TSX 60 h60, S&P 500 h506, anMSEAFE h933), EFA (the MSEAFE ETF) is expecteto have the highest tracking error. Higher expense ratios (XIU: 0.18%; SPY: 0.10%; anEFA: 0.33%) also contribute to lower excess returns anhigher tracking error, which implies thEFA hthe highest expectetracking error. 有助教回答说是这道题应该从指数的角度出发，指数里包含的股票越多越难复制，但是另一个助教回答说这是指fun股，s p500里不可能是506只股票，所以到底该从哪个角度理解呢，还是没搞明白，谢谢

2023-12-10 19:03 3 · 回答

NO.PZ201809170400000203问题如下 Baseon Exhibit 1 anassuming a full-replication inxing approach, the tracking error is expecteto highest for: XIU. SPY. EFA. C is correct. inx thcontains a large number of constituents will tento create higher tracking error thone with fewer constituents. Baseon the number of constituents in the three inxes (S&P/TSX 60 h60, S&P 500 h506, anMSEAFE h933), EFA (the MSEAFE ETF) is expecteto have the highest tracking error. Higher expense ratios (XIU: 0.18%; SPY: 0.10%; anEFA: 0.33%) also contribute to lower excess returns anhigher tracking error, which implies thEFA hthe highest expectetracking error. 成分股数量是933吗？题目给的是组合的股数吧，指数的成分股数量没有给

2023-11-16 17:15 1 · 回答

NO.PZ201809170400000203 SPY. EF C is correct. inx thcontains a large number of constituents will tento create higher tracking error thone with fewer constituents. Baseon the number of constituents in the three inxes (S&P/TSX 60 h60, S&P 500 h506, anMSEAFE h933), EFA (the MSEAFE ETF) is expecteto have the highest tracking error. Higher expense ratios (XIU: 0.18%; SPY: 0.10%; anEF0.33%) also contribute to lower excess returns anhigher tracking error, whiimplies thEFA hthe highest expectetracking error. 看了老师的解答可以归纳为以下两个角度嘛？1.站在portfolio角度出发，股票数量越小，tracking error越大；2.站在inx角度，股票数量越多，越难被portfolio 复制，tracking error越大

2021-07-31 01:44 1 · 回答

    讲义75页写的是，追踪的股票数量越大，tracing erro越低。上一个提问里助教说这道题指的是跟踪的股票数量越大，越难以复制。可是考试时如何判断考的是哪种类型呢？感觉两种说法都对

2019-04-20 20:15 1 · 回答