An investment policy statement that includes a return objective of outperforming the FTSE 100 by 120 basis
Question:
An investment policy statement that includes a return objective of outperforming the FTSE 100 by 120 basis points is best characterized as having a(n):
A. Relative return objective.
B. Absolute return objective.
C. Arbitrage-based return objective.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Investments Principles Of Portfolio And Equity Analysis
ISBN: 9780470915806
1st Edition
Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard
Question Posted: