CFA Practice Question

There are 136 practice questions for this study session.

CFA Practice Question

Here is information about the Long-Short Global Equity Fund:

What is the expected active return, based on the fundamental law of active management?
A. 0.45%
B. 0.97%
C. 1.98%
Explanation: TC x IC x BR1/2σA = 0.982 x 0.095 x 271/2 x 2.00% = 0.97%

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