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Basic Question 0 of 9
Active return is equal to ______.
B. portfolio return - market portfolio return
C. portfolio return - benchmark return
D. active factor return + active specific return
A. market portfolio return - risk-free return
B. portfolio return - market portfolio return
C. portfolio return - benchmark return
D. active factor return + active specific return
User Contributed Comments 0
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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
evaluate practices, policies, and conduct relative to the CFA Institute Code of Ethics and Standards of Professional Conduct;
explain how the practices, policies, and conduct do or do not violate the CFA Institute Code of Ethics and Standards of Professional Conduct.
CFA® 2025 Level II Curriculum, Volume 6, Module 45.