An investment policy statement that includes a return objective of outperforming the FTSE 100 by 120 basis

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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.

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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

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Question Posted: Mar 22, 2024 01:35 AM

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An investment policy statement that includes a return objective of outperforming the FTSE 100 by 120 basis

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A is correct Because the return ...View the full answer

Investments Principles Of Portfolio And Equity Analysis

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