Active Solutions Pre-work

10 Questions | Total Attempts: 54

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Work Quizzes & Trivia

Please complete this quiz with a score of 70% or better by Monday, December 8, 2014.


Questions and Answers
  • 1. 
    Since 2000, Global Allocation has       the return of global stocks (FTSE World Index) and       the return of global bonds (Citi World Gov’t Bond Index).
    • A. 

      Doubled, doubled

    • B. 

      Doubled, tripled

    • C. 

      Tripled, doubled

    • D. 

      Tripled, outperformed

  • 2. 
    What is the targeted return of the Strategic Income Opportunities fund?
    • A. 

      Cash +4-6%

    • B. 

      Equity-like returns over a full market cycle

    • C. 

      Competitive income

    • D. 

      Seeks global equity-like returns: 6-8% net

  • 3. 
    What is the investment objective of the Multi-Asset Income fund?
    • A. 

      Provide equity-like returns with less volatility (1/3 less) over a complete market cycle.

    • B. 

      Seeks to provide shareholders with a high level of income exempt from federal income taxes.

    • C. 

      Full cycle strategy targeting more consistent total return from a focus on high-quality, dividend growing stocks.

    • D. 

      Seeks to deliver consistent, competitive levels of income with an emphasis on managing volatility.

  • 4. 
    Which of the following PMs are on the Global Dividend Portfolio Management team? (Select all that apply)
    • A. 

      Stuart Reeve

    • B. 

      Andrew Wheatley-Hubbard

    • C. 

      Bart Geer

    • D. 

      James Bristow

  • 5. 
    What is the targeted risk return of Equity Dividend?
    • A. 

      15% less volatility than the benchmark over a cycle.

    • B. 

      Lower volatility than peers over full market cycles.

    • C. 

      Lower volatility than global equities: 8-10%.

    • D. 

      Standard deviation 10% less than benchmark.

  • 6. 
    When should a client consider Global Long/Short Equity?
    • A. 

      Looking for a diversified approach to participating in global stock market investing, but seek lower volatility and the enhanced benefits of a low correlated equity investment as a portfolio diversifier.

    • B. 

      Seeking a duration and credit managed municipal solution that can offer attractive tax-exempt income while navigating diverse interest rate environments.

    • C. 

      Searching for an alternative to traditional core bond strategies that are overly interest-rate-sensitive or benchmark constrained.

    • D. 

      Looking for an attractive tax-exempt income but are concerned with capital preservation and interest rate volatility.

  • 7. 
    What is the benefit to the client of incorporating Global Long/Short Credit into their portfolio?
    • A. 

      Offers high levels of income and capital appreciation while balancing income, risk and return through diverse market conditions.

    • B. 

      Mitigates interest rate risk while providing credit-driven returns, independent of interest rate moves.

    • C. 

      Lower volatility approach for consistent long-term growth.

    • D. 

      A flexible, core bond alternative that seeks to provide investors with attractive income, returns and meaningful portfolio diversification.

  • 8. 
    Which of the following PMs are on the Strategic Municipal Opportunities Portfolio Management team? (Select all that apply)
    • A. 

      Mike Kalinoski

    • B. 

      Ted Jaeckel

    • C. 

      Peter Hayes

    • D. 

      James Pruskowski

  • 9. 
    What is the investment objective of the Basic Value fund?
    • A. 

      Provide growth of income and outperformance with less volatility and downside protection over a complete market cycle.

    • B. 

      Designed to flexibly navigate the US value universe to achieve greater consistency of outperformance (compared to the Russell 1000 Value Index) throughout market cycles.

    • C. 

      Seeks to deliver consistent, competitive levels of income with an emphasis on managing volatility.

    • D. 

      Seek total returns through credit selection, independent of interest rate moves.

  • 10. 
    Which of the following is true of the High Yield fund? (Select all that apply)
    • A. 

      May invest up to 30% of its assets in non-dollar denominated bonds of issuers located outside of the United States.

    • B. 

      Fund invests primarily in non-investment grade bonds with maturities of ten years or less.

    • C. 

      No more than 10% in equities.

    • D. 

      May invest up to 10% of its assets in distressed securities that are in default or the issuers of which are in bankruptcy.