问题如下:
Which of the following statements regarding fixed-income indices is most accurate?
选项:
A.Liquidity issues make it difficult for investors to easily replicate fixed-income indices.
B.Rebalancing and reconstitution are the only sources of turnover in fixed-income indices.
C.Fixed-income indices representing the same target market hold similar numbers of bonds.
解释:
A is correct.
The large number of fixed-income securitiescombined with the lack of liquidity of some securitiesmakes it costly and difficult for investors to replicate fixed-income indices.
请问A选项什么意思..replicate复制?