- CFA Exams
- CFA Level I Exam
- Study Session 17. Alternative Investments
- Reading 50. Introduction to Alternative Investments
- Subject 1. Alternative investments
CFA Practice Question
The return target of a portfolio manager is 10% over the rate of inflation. It looks like this is a:
A. beta return.
B. alpha return.
C. absolute return.
Explanation: There is no market rate to beat.
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