Q Search this course When defined-benefit pension plans are managed by life insurance companies, a pension plan contributions are mostly kept in portion of its assets is maintained as equities, whereas the X Public pension portfolios are dominated by common stock. By contrast, private pension portfolios are evenly invested in corporate bonds, stock, and other credit instruments True False What are the benefits of a passive investment strategy? Check all that apply A-Z Transparency of the investment strategy Alignment with the board's recommended long-term investment allocation 6 The minimum amount to be invested in real estate Minimization of corruption Why might many pension fund managers argue against a passive investment strategy? Passive investing results in corruption. Passive Investing reduces transparency of asset allocation Passive Investing is designed to achieve only the mean performance level for each type of market represented by an index Passive investing results in large fees paid to investment companies. 20