Which of the Following Is a Reason for Hedging a Portfolio

Multiple Choice

Which of the following is a reason for hedging a portfolio with an index futures?

A) The investor believes the stocks in the portfolio will perform better than the market but is uncertain about the future performance of the market
B) The investor believes the stocks in the portfolio will perform better than the market and the market is expected to do well
C) The portfolio is not well diversified and so its return is uncertain
D) All of the above