- CFA Exams
- CFA Level I Exam
- Topic 8. Alternative Investments
- Learning Module 2. Alternative Investment Performance and Returns
- Subject 1. Issues in Performance Appraisal
CFA Practice Question
Which statement is FALSE? A. The greater the value of the Sharpe ratio, the more attractive the risk-adjusted returns.
B. The Sharpe, Sortino and Treynor ratios are measures of return per unit of risk.
Correct Answer: Both are true
A: It uses standard deviation to measure a fund's risk-adjusted returns.
B: Their risk measures are different though.
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