The advantage of evaluating a fund's alpha using a multifactor approach is that it is designed to control for market style (SMB and HML) and momentum (MOM) risk.
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Q35: Money-weighted returns set the present value of
Q36: Attribution analysis separates a portfolio manager's performance
Q37: In evaluating bond performance, the Barclays Aggregate
Q38: A test of bond performance over time
Q39: Duration is considered a good measure of
Q41: Treynor showed that rational, risk-averse investors always
Q42: Excess return portfolio performance measures
A) adjust portfolio
Q43: The CFA Institute encourages managers to disclose
Q44: Sharpe's performance measure divides the portfolio's risk
Q45: Suppose the expected return for the market
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