senlinlang

My understanding is a factor portfolio has a beta/sensitivity of 1 to just one factor (ie. GDP) and zero to all others.

I know where you are going with this, but I am not sure if I marked this answer correct on the CFAi mock. I have not reviewed the whole thing, but am about 50% of the way there. I can't remember my exact answer, but I definitely marked it as not a factor portfolio because it did not match my description above.

Someone please correct me if I'm wrong.