Por) 2022 ( find ‘ewrn) Tutu foro wreguubed by Seat 1 Sree sen] “fsa Stock Crelaye require by 828 ; Ufe trumene — 1 RDA l O Gwo nweshmerd b= JP Morgan Chace Qrotolomam Soclu @ Jive Cred Rabies agent - CRISiL, 102A @ NBhC ane meguured by Perens Bemus gf Tes Borme of Toobin (A) Credls Rebus ejeuey isreguisted oy 96 BT Ephorent fronber he Set of ophmnal portfere return pre che fresh level of ask or the lowest os lé for On evpected vet Had offer the higheot enprot oll Gronclod lust. Wiss siapect aon perbola beeause the raters Varromce Cpt is & quealnadre forchen f ih peccpe Mean KOx Risk Avertse __tiavestor ee Racte Yate Lavestor reread Avorol Aste tcl ffenent do vrei Beet - Qsk huveshrent : Cloree is (Belntee of Herghe Ruste = Low ase : ensit curd refer Hugh Retum = Low veto Lwetef pweattn hevelofivertth pevate? weatth often Lay — loots Meolinate lowe oy Mocerett ons. a ww Gorm mon Stoue must Casinapremniun? > Common stock Mest Eun premier jpecouse Cr rmrmoen stocle hoes mot Wowe cour posers” goeeneice fours Compt CQurol rave tHe! resrebval angits on THe Assets of tet eed to Lowe a sit. premium. Compan , occa ~ to Pr @ Ubeoribicatiy He gteurclarch olurehen of a lesper tance he crectucent_ to pohot level? By platn i eoluee tre Stanolarel clesiaren Repti sheattt 1s posible to ¥ co to tus Lepet 3 dhe stenalorcl oluraron of? Pontfetio Con toe wrectverel ts zero »Dhis is possiele phen tee portfolre ¥* pmefetey olivers Bed tn WO Onee, tee gaan fom one aaoet word ev offset the losseo poo omothen. result no veri asst chy C se Qe) - Yeo wis Possinie We can Catt. thot lernol of Port ferro Resta fore Portfabe.Sharpe ro = (Pupeerect Peteren, = Mr fu nate) Functonr ere 2 Inctex Port fore ies fordomenter wergrical Incl is ame iniwlieh the equity Commpanent phere chosen toaseck on Caitrrsa other tan Morlter Capitabzation. aa For eroarnpte ib ean loc toavedlon Meveuue , livielensk Yerlo, Core np ete. Copal werghte cl wrolry 3 fp Capria® werqteterl In olor iC am ielly Construchon rmethostolon pure ndividuat Componec gre wernt actoreling to dren rela mnerlat Copitet sinn, 8 The Crenponet With Laghes vinamet Caps Coma greater “le pesght ad th Pre tote. ePorclomental rool Forafoue 1s prefered over Capital wert incl because FUrnctomentet Inctey Condinolur ane tre ee omen Geer Gr tre Portfovs veering. Se is (el ef wrore wetonrercl a Ormperedtts Coptek wernrnted trol.@Dshase Swart Alpi asst Gorant Pete, Potf Senet At loeeaed Sopemer re Port fara 18 aninveshnent Hategy {Lad Covn binges the Pasetve uot aahwe. Invern WI a1mstg gemunade Fetern te tne werahmarte roby (Alp) rod Teerntane § queliinhie amateyids doseleet semaines ax CTF: Bates oe Nutnes Serer Alpha. Srrunt Beta Port fale 1s an imvestment Shewtegy Had! sett 40 ennance TFET jnpore Livensi Preathon, aro veoloce atch wvesing TM Cotton ireck (nolives or B1Ry bevecl on Geetors Buch co Sire, Fuamsy, Aivitind Pretest. Evampie - Idhares Seteet Omiolencf CUF - Q_ 1d0/30 se«teay The 130/30 shregy tro log I short trvesiment Shategy Had feet to genencte aiplia hy talng looth long a Short posthins In the mowtet. The stowteg inv loves felencg (36 Yo tong Pos ingteele anol Bole Short Posihen im stole Posie _tyn $ foe gene ier wpb enur7a a bagh levek of (nvestmenm Ceperhie 1K talenen, golze enatay 62/22. gorle five portforarrreturan acre, to Come from 20% cn goon warned CJ re toacre ila i$ fo atiocate gorle of aor zo toot our Portfotes V4 qputtrerr asced Such ao Webmotvel Log 40 (ee isley dooet Such ag toorrok ete andl . 9 giowe-Zonbaman Wiveabrnett sbalegy eee WS an invesbyriet approach Hut tnvower aa agate eagesy manled tremolo Contrarian myesteys Yoo trend. Heal He ymavet is often wring ousoh sat coum g entree Supenen reborn toy Sey gooets Hw art out og fevers 2 sents aozeks Sat are popular g. 1d tg an Investment atrategy Het geatts fo poop fom Me ConKrvarvo of exbshay rrendl Inthe manited (Ulemeny investor belseue Histo once oa rrenrcl ce Fmomentem Brat, 9 Is rwetl Cotaboesccl Las eed to Con bnve- Sivgte tndley Mode® Swale tnoley Mokel isa avmpui freak asset pricing model te nective pot the WIC anol return a stock, Aetuorteten !— oO (denhsfy Rtoclés Hratare outpenfereniing or Unidlemperr Perens Hie manteed. O Crore porfovro af eee yiot have diffiress Meld and reternD ravine MoleR 2 es Wiz ago Prawn a2 tre mesn vomarne rredel, Une modek ts oe the prince af olivensiPeahon , wrich states dinat Ine cher Gin” Spreatoce INesT overran sic log mrveshng me varied af obeffereed esd 1 Acluarstageo!-OldenhP, the amet dat the oan 13 QO babrosk tre expected vetyT™ ised 22. ne ase ea ee, 2 aaFP ASOA~ CAppleator Soppostee hy Bioe,tiadl Around) « Onder ASGA Jravedioans applaaren one fotocvent Interne keeelt Aceouits UNAIDS Bhave ane acter Your mean bad Invedlors ola iol aw: do pluymeatty drentder Pnola to dhe, Lssvertls accent Unk ther Appueahen VS Soeeeeorqul + (Pooroctie Rermatanenrg! = Pemroche Retvatenerng 1Sthe prereee of. wt of Oacests tran taverben eet povtfous Ho ay vans ane weary mmantain tne olesived! aco et atlecabon: Gartino Raho Sorbrne Garo is ermenture of erst - acljustecl wretorn that onty Couseber Here aloonsicle Ly 1 UPnay Sk —> Uncle fiat of alevmaiet, nei “ Oows hry he etoclt market 2 seount attr forme arm. 6) gtotlg rrartiet ave tree trends © F Prvmang @ tec 6 Miner. Prrmanjrrond trowe tres placer?” @ Aeeuraviarwe @ Payneipehen (3) Duraischens @ Blocie yrarked Irotawe s Muck Con frm each ee © Vowrre mor ton Poon dine Shrenel © Syeda vereun indac ONKL ancl Unle Signet Qeean: