选项A的疑惑

NO.PZ2018110601000024 问题如下 The SH University Enwment is a very large tax-exempt funfinancefrom stunts’ tuition fee, with the current strategic asset allocations presentebelow. The manager of Enwment forecast the expecteexcess return of eaasset class. In orr to capture the short-term return opportunities, the Enwment can: increase the allocation of private equity to 15% ancrease the allocation of reestate to 5%. increase the allocation of small-cequities to 32% ancrease the allocation of large-cequities to 38% crease the allocation of large-cequities to 40% anincrease the allocation of short-term bon to 12%. A is correct. 考点：tactical asset allocation 解析：应当增加excess return高的资产比重，降低excess return低的资产比重。但是权重变化不能超过target weight的上下限。 老师好，麻烦请教一下，这道题，C为什么不对呢？

NO.PZ2018110601000024 问题如下 The SH University Enwment is a very large tax-exempt funfinancefrom stunts’ tuition fee, with the current strategic asset allocations presentebelow. The manager of Enwment forecast the expecteexcess return of eaasset class. In orr to capture the short-term return opportunities, the Enwment can: increase the allocation of private equity to 15% ancrease the allocation of reestate to 5%. increase the allocation of small-cequities to 32% ancrease the allocation of large-cequities to 38% crease the allocation of large-cequities to 40% anincrease the allocation of short-term bon to 12%. A is correct. 考点：tactical asset allocation 解析：应当增加excess return高的资产比重，降低excess return低的资产比重。但是权重变化不能超过target weight的上下限。 C crease the allocation of large-cequities to 40% anincrease the allocation of short-term bon to 12%.这个也在TAA范围内，是因为return不高吗？

NO.PZ2018110601000024问题如下 The SH University Enwment is a very large tax-exempt funfinancefrom stunts’ tuition fee, with the current strategic asset allocations presentebelow. The manager of Enwment forecast the expecteexcess return of eaasset class. In orr to capture the short-term return opportunities, the Enwment can: increase the allocation of private equity to 15% ancrease the allocation of reestate to 5%. increase the allocation of small-cequities to 32% ancrease the allocation of large-cequities to 38% crease the allocation of large-cequities to 40% anincrease the allocation of short-term bon to 12%. A is correct. 考点：tactical asset allocation 解析：应当增加excess return高的资产比重，降低excess return低的资产比重。但是权重变化不能超过target weight的上下限。 target那一列这题为啥不看？在什么情况下会看？

NO.PZ2018110601000024 问题如下 The SH University Enwment is a very large tax-exempt funfinancefrom stunts’ tuition fee, with the current strategic asset allocations presentebelow. The manager of Enwment forecast the expecteexcess return of eaasset class. In orr to capture the short-term return opportunities, the Enwment can: increase the allocation of private equity to 15% ancrease the allocation of reestate to 5%. increase the allocation of small-cequities to 32% ancrease the allocation of large-cequities to 38% crease the allocation of large-cequities to 40% anincrease the allocation of short-term bon to 12%. A is correct. 考点：tactical asset allocation 解析：应当增加excess return高的资产比重，降低excess return低的资产比重。但是权重变化不能超过target weight的上下限。 虽然是为了抓短期机会，但投PE的话不会因为illiqui而想跳回optimal/target %的时候很难？一般所谓的短期机会是指大概多久呢？