Original title review:
The following statement about ETF is wrong ().
A.ETF is essentially an index fund.
B, the change of ETF scale ultimately depends on the real market demand for ETFs.
C. ETF must bear the systemic risks faced by the tracked index.
D the first ETF in China was copied by sampling.
The correct answer is: d
Error in option D: According to different replication methods, ETFs can be divided into fully replicated ETFs and sampled replicated ETFs. Among them, the fully replicated ETF is based on the weights of all the constituent stocks in the index to build an ETF. China's first ETF SSE 50ETF adopts complete replication; ETF is essentially an index fund; The change of ETF scale ultimately depends on the real demand of ETF in the market; ETF is bound to bear the systemic risks faced by the tracked index.
The source of this problem lies in the question bank of the fund qualification examination.
On the qualification examination of funds: According to the provisions of the People's Republic of China (PRC) Securities Investment Fund Law and the Measures for the Administration of Securities Investment Fund Sales, personnel engaged in fund publicity, sales promotion, consulting and other businesses should have the qualification. In order to improve the professional level and quality of fund practitioners, China Securities Association will hold the qualification examination for fund practitioners from September 2008.
People usually refer to funds mainly as securities investment funds. There are three main analysis methods of securities investment: basic analysis, technical analysis and evolution analysis, in which the basic analysis is mainly applied to the selection of investment objects, while the technical analysis and evolution analysis are mainly applied to the temporal and spatial judgment of specific investment operations as an important supplement to improve the effectiveness and reliability of investment analysis.