Question #29
Reading: Reading 36 Using Multifactor Models
PDF File: Reading 36 Using Multifactor Models.pdf
Page: 14
Status: Incorrect
Correct Answer: A
Your Answer: B
Part of Context Group: Q29-30
First in Group
Shared Context
Question
Using Exhibit 2, the portfolio that has the most exposure to asset selection risk is:
Answer Choices:
A. EM
B. EC
C. EV
Explanation
Asset selection risk is also known as active specific risk. Portfolio EV has the highest risk at
14.4.