Serena
2021-10-16 23:26老師，視頻中time horizon說savings funds是最長的，但是ppt和思維導(dǎo)圖說reserve funds才是最長的，以哪個為準呢？
所屬：CFA Level III > Portfolio Management for Institutional Investors 視頻位置 相關(guān)試題
來源： 視頻位置 相關(guān)試題
1個回答
Chris Lan助教
2021-10-18 10:12
該回答已被題主采納
同學(xué)你好
這兩個SWF的投資期限都是長期，原文沒有對比說哪個更長。
所以都按長期來記就好。以下是原文的表述，你從表述中，看不出哪個是更長的。所以你都記長期即可。
Savings Funds
Because of their long-term horizons, savings funds invest in risky and illiquid assets, including equities and a wide range of alternative investments.
Reserve Funds
Also, their investment horizons are very long, with typically no immediate or interim payout expectation.
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