NO.PZ201512181000007207
问题如下：
In Statement 4, Kynnersley describes a constraint associated with a:
选项：
A.risk budget
position limit.
stop-loss limit.
解释：
B is correct. Position limits are limits on the market value of any given investment; they are excellent controls on overconcentration. Position limits can be expressed in currency units or as a percentage of net assets. The Alpha Core Equity Fund restricts the exposure of individual securities to 1.75% of the total portfolio.
老师好， 这句.Fund restricts the exposure of individual securities to 1.75% of the total portfolio 该怎么翻译？exposure 是指风险是吗？restrict exposure 为什么不是指restrict风险or risk 而是指restrict position? 谢谢。
