1.

In portfolio management, generally speaking, there are two categories--absolute return and relative return.

Group of answer choices

True

False

2.

Managing a portfolio vs. a benchmark ties the portfolio to certain investment choices and might limit his/her OW or UW in certain securities; the investment policy could limit the amount of deviation from the bench.

Group of answer choices

True

False

3.

Relative returns vs, absolute returns strategies have their own advantages and disadvantages. In relative return strategy, a portfolio manager does not get his/her bonus if his/her portfolio loses money and AUM dips below the starting point.

Group of answer choices

True

False