Exhibit 12- here, the text says " Both Index A and Index B have an active risk of 55 against the 50/50 benchmark. ". My question here is that how can index have an active risk?
Thanks in advance.
Exhibit 12- here, the text says " Both Index A and Index B have an active risk of 55 against the 50/50 benchmark. ". My question here is that how can index have an active risk?
Thanks in advance.