A passive benchmark portfolio is _______________.
I.a portfolio where the asset allocation across broad asset classes is neutral and not determined by forecasts of performance of the different asset classes
II.one where an indexed portfolio is held within each asset class
III.often called the bogey
A) I only
B) I and III only
C) II and III only
D) I, II and III

Question

Quizplus · Accepted Answer

A passive benchmark portfolio is characterized by a neutral asset allocation (I), holding indexed portfolios within each asset class (II), and is often referred to as the bogey (III).

A Passive Benchmark Portfolio Is _______________