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Basic Question 2 of 11
If a float-adjusted capitalization-weighted market index is used as the benchmark, active investors as a group ______
B. cannot outperform the market.
C. can tie to the performance of the market at the minimum.
A. most likely outperforms the market.
B. cannot outperform the market.
C. can tie to the performance of the market at the minimum.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe how value added by active management is measured;
CFA® 2025 Level II Curriculum, Volume 6, Module 38.