资金经理岗位英语考试题及词汇手册.docxVIP

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资金经理岗位英语考试题及词汇手册

Part1:ReadingComprehension(阅读理解)

共5题，每题2分，总分10分

1.Passage:Ahedgefundmanagerisreviewingtheperformanceofaglobalequityportfolio.Thefundhasinvestedinemergingmarkets,developedmarkets,andalternativeassets.Themanagernoticesthattheemergingmarketsegmentisunderperformingduetopoliticalinstabilityandcurrencyfluctuations.However,thedevelopedmarketsegmentisoutperformingexpectations,drivenbystrongcorporateearningsandlowinterestrates.Themanagerdecidestorebalancetheportfoliobyreducingexposuretoemergingmarketsandincreasingallocationtodevelopedmarkets.

Question:Whatistheprimaryreasonfortheunderperformanceoftheemergingmarketsegment?

A.Highinflationrates

B.Politicalinstabilityandcurrencyfluctuations

C.Weakeconomicgrowth

D.Hightransactioncosts

Answer:B.Politicalinstabilityandcurrencyfluctuations

Explanation:Thepassageexplicitlystatesthattheunderperformanceoftheemergingmarketsegmentisduetopoliticalinstabilityandcurrencyfluctuations.

2.Passage:Awealthmanagementfirmislaunchinganewretirementplanforclients.Theplanincludesamixoffixed-incomesecurities,equities,andrealestateinvestmenttrusts(REITs).Thefirm’sinvestmentteamemphasizestheimportanceofdiversificationtomitigaterisks.TheyalsohighlightthetaxefficiencyofREITs,whichdistributemostoftheirincomeasdividends.Theplanisdesignedforclientswithamoderaterisktolerance.

Question:WhatisakeybenefitofREITsmentionedinthepassage?

A.Highliquidity

B.Taxefficiency

C.Lowvolatility

D.Highyield

Answer:B.Taxefficiency

Explanation:ThepassagenotesthatREITsaretax-efficientbecausetheydistributemostoftheirincomeasdividends.

3.Passage:TheU.S.SecuritiesandExchangeCommission(SEC)isinvestigatingamutualfundforpotentialinsidertradingviolations.Theinvestigationrevealsthatafund