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active risk

Active Share and Active Risk

July 19, 2020 by CFA Study Guide
CFA Equity

Investment approaches can also vary according to whether the manager is highly benchmark-aware or is benchmark-agnostic (i.e., pays little attention to the benchmark). Each …

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Module 50.4 LOS 50.e: Using Fundamental Law to Compare Active Strategies

May 2, 2019 by CFA Study Guide
Cfa portfolio management

The CFA presents market timing as an alternative strategy to simple security selection. Market timers be on the direction of …

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Module 47.3 LOS 47.e: Components of Active Risk and Active return

May 2, 2019 by CFA Study Guide
Cfa portfolio management

Active return is the difference in returns between a managed portfolio and its benchmark: Active return = RP – RB Active risk (also …

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