Which of the following is least accurate regarding the completeness fund approach?
A) It can be managed passively or semiactively.
B) It will increase the misfit return.
C) Combining a completeness fund with an active fund will result in risk exposure similar to the benchmark.
A) It can be managed passively or semiactively.
B) It will increase the misfit return.
C) Combining a completeness fund with an active fund will result in risk exposure similar to the benchmark.