) FOR WHICH PORTFOLIO IN EXHIBIT 1 IS A SAMPLING APPROACH MOST LIKELY TO BE USED IN AN ATTEMPT TO MATCH THE PRIMARY INDEX RISK FACTORS

2. - CFA MOCK EXAM LEVEL III MOCK EXAM VERSIONB ANSWERS 2014
CFA MOCK EXAM LEVEL III MOCK EXAM VERSIONB ANSWERS 2014

2.) For which portfolio in Exhibit 1 is a sampling approach most likely to be used in an

attempt to match the primary index risk factors?

A. Treasury STRIPs

B. Emerging market bond fund

C. Mortgage-backed securities fund

Answer = C

“Fixed-Income Portfolio Management—Part I,” H. Gifford Fong and Larry D. Guin