Style Portfolios Are Characterized By

Multiple Choice

Style portfolios are characterized by:

A) their stock attributes; P/Es less than the market P/E are value funds.
B) their systematic factors, higher systematic factors are benchmark portfolios.
C) their stock attributes; higher stock attribute factors are benchmark portfolios.
D) their systematic factors, P/Es greater than the market are value portfolios.
E) There is no difference between systematic factors and stock attributes.