Question
A fund manager announces that the fund's 3-month 99% VaR is 7.9% of the size of the portfolio being managed. You have an investment of
A fund manager announces that the fund's 3-month 99% VaR is 7.9% of the size of the portfolio being managed. You have an investment of R1,200,000 in the fund. How do you interpret the portfolio manager's announcement? (3)
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International Economics
Authors: Dominick Salvatore
12th edition
9781118955727, 1118955765, 1118955722, 978-1118955765
