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moon · 2021年12月29日

这道题既有要投ESG好的公司,也有不投的公司,那为什么就是negative,而不是positive?

NO.PZ2019012201000067

问题如下:

The DoGood Fund’s approach to the aerospace and defense industry is best described as:

选项:

A.

positive screening

B.

negative screening

C.

thematic investing

解释:

The DoGood fund excludes companies based on specified activities (e.g., aerospace and defense), which is a process of negative screening. Negative or exclusionary screening refers to the practice of excluding certain sectors or companies that deviate from accepted standards in areas such as human rights or environmental concerns.

A is incorrect because positive screening attempts to identify companies or sectors that score most favorably regarding ESG-related risks and/or opportunities. The restrictions on investing indicates that a negative screen is established.

C is incorrect because thematic investing focuses on investing in companies within a specific sector or following a specific theme, such as energy efficiency or climate change. The DoGood Fund’s investment universe includes all companies and sectors that have favorable ESG (no specific sectors or screens) but with specific exclusions.

这道题既有要投ESG好的公司,也有不投的公司,那为什么就是negative,而不是positive?

1 个答案

笛子_品职助教 · 2021年12月29日

嗨,努力学习的PZer你好:


因为negative和Positive的定义是不同的,Positive并不是反过来的Negative。


特别排除某些公司,就是Negative


但是反过来并非Positive,Positive一定要有一个打分系统,ESG得分从高到低排序,只选择得分高于某一数值的公司。


本题没有写出打分(SCORE)这个关键词,所以不是Positive


本题有排除(exclude)这个关键词,因此是Negative


具体知识点见基础班11页。注意SCORE这个单词。

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2024-03-01 17:17 1 · 回答

请问,本题投资范围包括符合ESG的公司,不是positive screening吗?

2020-05-12 10:29 1 · 回答

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2020-03-07 13:55 1 · 回答

老师你好,没太看懂,不选A是不是因为选了所有(ALL)涉及ESG的公司,而不是最top的那几个所以不对呢?

2020-02-21 22:19 1 · 回答