Fund X has 100 stocks in its portfolio. The weights of the first 50 stocks in...
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Fund X has 100 stocks in its portfolio. The weights of the first 50 stocks in the fund's portfolio are 0.5% each. The weights of the second 50 stocks in the fund's portfolio are 1.5% each. The weight of each of the 100 stocks in the benchmark index is 1%. What is Active Share of fund X? a. 50% b. 25% C. 0% d. 2.5% e. 5% O f. None of the above Fund X has 100 stocks in its portfolio. The weights of the first 50 stocks in the fund's portfolio are 0.5% each. The weights of the second 50 stocks in the fund's portfolio are 1.5% each. The weight of each of the 100 stocks in the benchmark index is 1%. What is Active Share of fund X? a. 50% b. 25% C. 0% d. 2.5% e. 5% O f. None of the above
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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