关于alpha skill和position sizing

NO.PZ2019012201000062 问题如下 Fun1 focuses on skillfully timing exposures to factors, both rewaranunrewar anto other asset classes. The funs managers use timing skills to opportunistically shift their portfolio to capture returns from factors sucountry, asset class, ansector. Fun1 prefers to make large tras.The main builng bloof portfolio construction on whiFun1 focuses is most likely: A.alpha skills B.position sizing C.rewarfactor weightings The three mainbuilng blocks of portfolio construction are alpha skills, position sizing,anrewarfactor weightings. Fun1 generates active returns skillfullytiming exposures to factors, both rewaranunrewar anto other assetclasses, whiconstitute a manager’s alpha skills. 题目不是说了 Fun1 prefers to make large tras.

NO.PZ2019012201000062 问题如下 Fun1 focuses on skillfully timing exposures to factors, both rewaranunrewar anto other asset classes. The funs managers use timing skills to opportunistically shift their portfolio to capture returns from factors sucountry, asset class, ansector. Fun1 prefers to make large tras.The main builng bloof portfolio construction on whiFun1 focuses is most likely: A.alpha skills B.position sizing C.rewarfactor weightings The three mainbuilng blocks of portfolio construction are alpha skills, position sizing,anrewarfactor weightings. Fun1 generates active returns skillfullytiming exposures to factors, both rewaranunrewar anto other assetclasses, whiconstitute a manager’s alpha skills. 她不是在因子上投资吗？为什么不属于rewarfactor weighting?

NO.PZ2019012201000062问题如下 Fun1 focuses on skillfully timing exposures to factors, both rewaranunrewar anto other asset classes. The funs managers use timing skills to opportunistically shift their portfolio to capture returns from factors sucountry, asset class, ansector. Fun1 prefers to make large tras.The main builng bloof portfolio construction on whiFun1 focuses is most likely: A.alpha skills B.position sizing C.rewarfactor weightings The three mainbuilng blocks of portfolio construction are alpha skills, position sizing,anrewarfactor weightings. Fun1 generates active returns skillfullytiming exposures to factors, both rewaranunrewar anto other assetclasses, whiconstitute a manager’s alpha skills. 题目我能做对，但我其实一直对几部分的拆分很迷糊。我觉得这三者是融合并不完全独立诶。能不能用通俗平实的语言一下这三块呢？另外最后一项size是怎么影响的呢？是规模越大越集中残差越大吗？为啥直接对应funmentlaw呢？按道理那个公式是对应整个三部分之和吧

NO.PZ2019012201000062 问题如下 Fun1 focuses on skillfully timing exposures to factors, both rewaranunrewar anto other asset classes. The funs managers use timing skills to opportunistically shift their portfolio to capture returns from factors sucountry, asset class, ansector. Fun1 prefers to make large tras。The main builng bloof portfolio construction on whiFun1 focuses is most likely: A.alpha skills B.position sizing C.rewarfactor weightings The three mainbuilng blocks of portfolio construction are alpha skills, position sizing,anrewarfactor weightings. Fun1 generates active returns skillfullytiming exposures to factors, both rewaranunrewar anto other assetclasses, whiconstitute a manager’s alpha skills. \"Fun1 prefers to make large tras\"这句话放在这里有什么含义吗？是想表达什么？为什么不影响答案？感觉有一点sizing的意味 虽然选对了但是还是被这句话影响到了 犹豫要不要选sizing position

NO.PZ2019012201000062问题如下 Fun1 focuses on skillfully timing exposures to factors, both rewaranunrewar anto other asset classes. The funs managers use timing skills to opportunistically shift their portfolio to capture returns from factors sucountry, asset class, ansector. Fun1 prefers to make large tras。The main builng bloof portfolio construction on whiFun1 focuses is most likely:A.alpha skills B.position sizing C.rewarfactor weightings The three mainbuilng blocks of portfolio construction are alpha skills, position sizing,anrewarfactor weightings. Fun1 generates active returns skillfullytiming exposures to factors, both rewaranunrewar anto other assetclasses, whiconstitute a manager’s alpha skills. 对于rewarfactors，alpha skills中timing和第一个block中的beta多配或少配的区别（First block和seconblock具体解析和区分）