Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Problem 13-6 Information Ratio (LO1, CFA7) The Layton Growth Fund has an alpha of 1.3 percent. You have determined that Laytons information ratio is .20.
Problem 13-6 Information Ratio (LO1, CFA7)
The Layton Growth Fund has an alpha of 1.3 percent. You have determined that Laytons information ratio is .20. What must Laytons tracking error be relative to its benchmark? (Enter your answer as a percent rounded to 2 decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started