QUESTIONS ON INVESTMENT ANALYSIS AND PORTFOLIO MANGEMENT
Increasing the portfolio to a level that will fund her retirement living expenses, which she estimates to be $257,000 for the first year of her retirement.
Building her ‘‘dream house’’ in five years, the cost of which (including land) has a present value of $535,000.
Market index
Benchmark custom portfolio
Median of the manager universe
Explain two different weaknesses of using each of the three benchmarks to measure the performance of a portfolio. Your response must contain a total of six different weaknesses.
Market index
Benchmark custom portfolio
Manager universe
Describe three properties that a valid benchmark should have.