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What is the difference between active and passive investing and why is a specific benchmark required when comparing the two investment strategies? Use the table

What is the difference between active and passive investing and why is a specific benchmark required when comparing the two investment strategies? Use the table below to create An active investment (portfolio) that invests in all the 5 stocks (at least 5%) but should outperform the market (if the analysts predictions are correct). The portfolio is currently invested passively, and each stock is invested in equal amounts. Stock Current market Price Current Valuation Weighting in a passive portfolio AXW $12.52 $10.25 20% NAQ $2.55 $2.75 20% PLB $42.96 $44.61 20% UGD $1.75 $0.98 20% MER $108.65 $106.54 20%

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