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wosmomo · 2020年10月11日

问一道题：NO.PZ201812020100000308

  1. CFA III
  2. Fixed Income

* 问题详情，请 查看题干

问题如下：

Which of Hudgens’s reasons for choosing bond mutual funds as an investment vehicle is correct?

选项：

A.

Reason 1

B.

Reason 2

C.

Reason 3

解释：

B is correct. Although a significant spread between the market price of the underlying fixed-income securities portfolio and an ETF’s NAV should drive an authorized participant to engage in arbitrage, many fixed-income securities are either thinly traded or not traded at all. This situation might allow such a divergence to persist to a much greater degree for a bond ETF than might be the case in the equity market

答案1为什么不对

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2 个答案

pzqa015 · 2023年01月07日

嗨，从没放弃的小努力你好：


是的

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

WallE_品职答疑助手 · 2020年10月11日

同学您好，

因为这是swap 是期货，it has less initial cash outlay than a direct investment in the bond portfolio.

所以A是不对的。

Yuyu · 2023年01月06日

swap不是期货，是互换合约吧~而且swap不一定有initial cash outlay吧？

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