The active ______ is the combinations of securities that offer investors both maximum expected active return for varying levels of active risk and minimum active risk for varying levels of expected active return.
A) market portfolio
B) market set
C) feasible set
D) efficient set

Question

Quizplus · Accepted Answer

The correct term is "efficient set," which refers to the collection of investment portfolios that are considered optimal in terms of risk and return. These portfolios provide the highest expected return for a given level of risk or the lowest risk for a given level of expected return, specifically in the context of active management strategies.

The Active ______ Is the Combinations of Securities That Offer