Question 6 Which is correct? Options 1. A growth investor focuses on share price in anticipation of a market correction and, possibly, improving company fundamentals 2. Growth stocks generally have offered somewhat higher returns than value stocks, but this does not occur with much consistency from one investment period to another 3. Value-oriented investor focuses on EPS and its economic determinants 4. A growth investor focuses on the current and future economic "story" of a company, with less regard to share valuation Question 7 What is not about fundamental strategy? Option 1. Top-Down versus Bottom-Up Approaches 2. Shift funds among different equity sectors and industries (e.g., financial stocks, technology stocks) or among investment styles (e.g., value, growth large capitalization, small capitalization). This is basically the sector fixation strategy 3. Time the equity market by shifting funds into and out of stocks, bonds, and T-bills depending on broad market forecasts 4. Do stock picking and look at individual issues in an attempt to find undervalued stock

Question 8 Which one is incorrect for 130/30 strategy? Option 1. The use of the short positions creates the leverage needed, increasing both risk and expected returns compared to the fund's benchmark 2. None of the answer choices 3. Enable managers to make full use of their fundamental research to buy stocks they identify as undervalued as well as short those that are overvalued 4. Short positions up to 130 percent of the portfolio's original capital

Question 9 Which one is not correct about technical analysis? Options 1. Price Momentum Strategy belives that the best time to buy (sell) a stock is when the majority of other investors are the most bearish (bullish) about it

2. Price Momentum Strategy focuses on the trend of past prices alone and makes purchase and sale decisions accordingly 3. Contrarian Investment Strategy 4. Price Momentum Strateg Assumes that recent trends in past prices will continue