A Portfolio Manager Uses Two Different Proxies for the Market

question 88

Multiple Choice

A portfolio manager uses two different proxies for the market portfolio, the S&P 500 index and the MSCI World index. Differences in the manager's portfolio performance resulting from the different market portfolios is referred to as

• A)The size effect
• B)The market effect
• C)Measurement error
• D)Benchmark error
• E)Manager's performance error

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Definitions:

Tissue

Groups of cells within an organism that have similar structure and function.

Cytoplasm

The material within a living cell, excluding the nucleus, containing various organelles and substances.

Nuclear Membrane

The lipid bilayer membrane which surrounds the genetic material and nucleolus in eukaryotic cells.

Cyt/o

A prefix or combining form used in medical terminology to denote cells, often used to refer to cell types or cell study.