Style Portfolios Are Characterized By

question 19

Multiple Choice

Style portfolios are characterized by:

• A)their equity attributes; P/Es less than the market P/E are value funds.
• B)their systematic factors,higher systematic factors are benchmark portfolios.
• C)their equity attributes; higher equity attribute factors are benchmark portfolios.
• D)their systematic factors,P/Es greater than the market are value portfolios.
• E)There is no difference between systematic factors and equity attributes.

---

Definitions:

Uniformly Distributed

Describes a distribution in which all outcomes are equally likely, showing no preference for any interval of values within the range of the distribution.

Assembling Product

The process of combining various components or elements to create a finished product.

Probability

The probability of an event happening, quantified by a number ranging from 0 to 1.

Uniformly Distributed

Describes a type of distribution where all outcomes are equally likely over a specific interval.