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In a particular year, the SuperShort Fund made the following investments in the asset classes listed below: Return Weight -20% 120% Bonds Stocks 5% 6%
In a particular year, the SuperShort Fund made the following investments in the asset classes listed below: Return Weight -20% 120% Bonds Stocks 5% 6% In the same year, the bogey portfolio made the following investments in the asset classes listed below: Return Weight 70% 8% Bond Index Stock Index 30% 2% Which of the following statements about the SuperShort Fund is more likely to be correct? The investment steering committee of the fund is very unskilled at allocating capital across these asset classes The fund manager is very unskilled at timing securities The fund manager is very unskilled at selecting securities The fund does not exhibit asset allocation skill nor security selection skill
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