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Basic Question 0 of 12
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 am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe how value added by active management is measured;
CFA® 2025 Level II Curriculum, Volume 6, Module 38.