1-29此预测为考点预测，考题仅为复习参考内部使用资料，严禁传播，否则追究法律责任10.AlternativeInvestments10.1.TraditionalInvestmentvs.AlternativeInvestment10.1.1.重要知识点10.1.1.1.，并掌握其他类投资的特性Illiquidityofunderlyinginvestments;Narrowmanagespecialization;Lowcorrelationwithtraditionalinvestments;Lowlevelofregulationandlesstransparency;Limitedandpotentiallyproblematichistoricalriskandreturndata;Uniquelegalandtaxconsiderations.10.1.1.2.掌握其他类投资在整个投资组合中的优点Lowcorrelation;Highreturn;Highrisk.10.1.2.基础题Q-1.Generally,thepurposeofainvestorwhoaddsalternativeinvestmentstotheirtraditionalinvestmentportfolioismostlikely:（改编题）A.Persuinghigherreturnthroughtakingmorerisk.B.Persuiinghigherreturnwhileloweringtherisk.C.Minimizingtheportfolioriskbygivingupsomereturn.Q-2.Relativetotraditionalinvestments,alternativeinvestmentsareleastlikelytobecharacterizedby:（原版书课后题）A.highlevelsoftransparency.B.limitedhistoricalreturndata.C.significantrestrictionsonredemptions.Q-3.Alternativeinvestmentsthatrelyonestimatesratherthanobservablemarketpricesforvaluationpurposesaremostlikelytoreport:（2017MockAM）A.returnsthatareunderstated.B.volatilityofreturnsthatisunderstated.C.correlationsofreturnswiththereturnsoftraditionalassetsthatareoverstated.Q-4.Relativetotraditionalinvestments,alternativeinvestmentsarebestcharacterizedashaving:（2017MockAM）2-29此预测为考点预测，考题仅为复习参考内部使用资料，严禁传播，否则追究法律责任A.highercorrelationswithotherassetclasses.B.uniquelegalandtaxconsiderations.C.greaterliquidity.Q-5.Concentratedportfoliostrategiesareattractivebecauseoftheir:（2017MockPM）A.potentialtogeneratealpha.B.abilitytotrackmarketindices.C.lowrisk.Q-6.Whichofthefollowingmostlikelybelongsinanalternativeassetcategory?（2016MockAM）A.Securitizedcommercialrealestatedebt.B.Equityinanemergingmarketcompanythatistradedover-the-counter.C.Alimitedpartnershipthattakeslongandshortpositionsinpubliclytradedequity.Q-7.Ameasurethatismostlikelywell...
