标题: CFA Mock 2011 - Question Regarding Index [打印本页] 作者: NakedPuts 时间: 2011-7-13 16:28 标题: CFA Mock 2011 - Question Regarding Index
Market oriented? Isn't the STI index value weighted? If the portfolio tracks the value weighted index doesn't that make it value weighted?
Comments appreciated.作者: ohai 时间: 2011-7-13 16:28
I was confused by this as well...作者: ll11 时间: 2011-7-13 16:28
This was discussed at length in previous threads with little clarity. No one knew for sure. Another obscure question from the institute.作者: liangfeng 时间: 2011-7-13 16:28
The question is related to the style of the strategy. It is asking, from a holdings based perspective if the portfolio exhibits value growth or market oriented characteristics. Since the characteristics are spot on the index.....its market oriented.
Value weighted index refers to how weights are defined by market value, its not related to the characteristics of the underlying holdings.....hope this helps.
Edited 1 time(s). Last edit at Friday, June 3, 2011 at 11:13AM by 3_and_out.
