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Basic Question 7 of 11
Continue with the previous question. Consider the following benchmark and managed portfolio.
What is the value added from the security selection?
B. 0.315
C. 0

A. 0.45
B. 0.315
C. 0
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.

Edward Liu
Learning Outcome Statements
describe how value added by active management is measured;
CFA® 2025 Level II Curriculum, Volume 6, Module 38.