This question asks you to select an equity style for an index(GB1). In the vignette, it says that a benchmark (STI) is a value-weighted index of the 30 largest firms traded on another index(SGX).
The table that they display shows that GB1 and STI are the same. So I assumed the answer was value but according to the answer it was market oriented.
Can someone please explain?作者: bodhisattva 时间: 2011-7-12 16:59
Value-weighted is different from value
Three types of indexes:
1. Value weighted
2. Price weighted
3. Equally weighted
Three types of styles:
1. Value
2. Growth
3. Market oriented作者: infinitybenzo 时间: 2011-7-12 17:22