金程問(wèn)答
老師，您好，有多少種overlay，除了外匯overlay其它都是啥意思，謝謝啦/題干Regulas Funds Invests in a combination of global equity securities from 5–10 different countries. Portfolio weights are adjusted to take advantage of companies that appear to have the best near-term growth prospects.問(wèn)題：Using Exhibit 1 and the equity selection process of Regulas Funds, the strategy will most likely benefit from: a portfolio overlay. a new benchmark. using annual rebalancing.
請(qǐng)講下本題三個(gè)答案
老師，為什么說(shuō)到風(fēng)險(xiǎn)占比是variance而不是segma，謝謝啦/題干如下the portion of total portfolio risk that is explained by the market factor in Fund 1’s existing portfolio is closest to:
老師，concentration level是什么呀，在做題中遇到了/題目如下McMahon observes that the benchmark used for the US large-cap equity component is a price-weighted index containing 150 stocks. The benchmark’s Herfindahl–Hirschman Index (HHI) is 0.0286./選項(xiàng) Based on its HHI, the initial US large-cap benchmark most likely has: a concentration level of 4.29. an effective number of stocks of approximately 35. individual stocks held in approximately equal weights.
老師，您好 股票lender，會(huì)保留股票全有的什么權(quán)利，喪失什么權(quán)利呀，謝謝啦
老師，您好，factor-based在什么時(shí)候是表現(xiàn)分散，什么時(shí)候表現(xiàn)concentration？謝謝啦
但實(shí)際上130/30的策略并沒(méi)有降低市場(chǎng)風(fēng)險(xiǎn)，更像是一個(gè)passive+一個(gè)risk neutral
那我這里能說(shuō)因?yàn)橛蟹€(wěn)定的股利，我用股利去做一個(gè)abs可以么，用abs募集來(lái)的錢繼續(xù)在投資
你好，請(qǐng)問(wèn)這個(gè)x=0.428571得意義怎么解讀呢？拆股前除以3還能勉強(qiáng)理解成3只股票得價(jià)格平均數(shù)，這個(gè)x完全不知道如何理解
請(qǐng)問(wèn)growth 和 value的風(fēng)格比重差異一般小于多少可以稱之為core with XXX tilt or bias
最優(yōu)化不就是找到一個(gè)組合，tracking error盡可能小，return盡可能大嗎？為什么它的一個(gè)缺點(diǎn)反而是，不一定是均值方差最優(yōu)的？為什么解決方法是，增加一個(gè)約束，讓組合的方差等于benchmark的標(biāo)準(zhǔn)差，方差跟標(biāo)準(zhǔn)差怎么相等？
ETF和mutual fund哪個(gè)是實(shí)物交割？另一個(gè)是如何交割？
分母是monthly standard deviation 不用年化嗎？
怎么區(qū)別negative/positive screening和thematic investing
positive screening和thematic investing的區(qū)別是什么？
程寶問(wèn)答
