Question: Style drift is the movement over time away from one benchmark index (e.g., S&P 500) with certain characteristics to another index (e.g., Russell 1000) with

 Style drift is the movement over time away from one benchmark

Style drift is the movement over time away from one benchmark index (e.g., S&P 500) with certain characteristics to another index (e.g., Russell 1000) with different characteristics when evaluating the performance of a given investment manager. True False QUESTION 13 Data Snooping is the process of gathering data which only supports a particular theory, generally ignoring any data that contradicts that theory. True False

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