click below
click below
Normal Size Small Size show me how
Caia Alpha & Beta D
Caia Alpha & Beta Drivers
Question | Answer |
---|---|
3 Super Asset Classes | 1. capital assets: claim firm's cash flow 2. inputs to create value: consumed to produce products or transformed into other assets 3. store value: no future cash flows, not used as inputs |
4 primary asset classes | 1. equity 2. fixed income 3. cash 4. real estate |
AA SAA | lt polica alloc derived from investor's risk aversion and lt risk/return sets the fund's market expusures (beta) and policy risk ensures that the lt funding goals of pf are met |