The Lei Fund Had a Risk-Adjusted Rate of Return (RAROR)last

question 31

Multiple Choice

The Lei Fund had a risk-adjusted rate of return (RAROR) last year of -3.0%.This means

• A)the fund underperformed the overall market.
• B)the fund outperformed the overall market.
• C)the overall market performed poorly.
• D)the fund had a negative beta.

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Definitions:

Day Of Service

A designated day on which individuals or groups volunteer their time and effort to benefit their community.

Ethically

In a manner that is morally right or acceptable.

Antecedent Conditions

These are pre-existing factors or circumstances that influence the outcome of events or behaviors within an organization or system.

Humility

The quality of having a modest or low view of one's importance, often considered a valuable trait in leaders for fostering a collaborative and respectful environment.