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A fund manager announces that the funds one-month 95% expected shortfall is 5.6% of the size of the portfolio being managed. You have an investment
A fund manager announces that the funds one-month 95% expected shortfall is 5.6% of the size of the portfolio being managed. You have an investment of R750,000 in the fund. How do you interpret the portfolio managers announcement?
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
