How do you interpret the portfolio manager announcement

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1) Suppose that a fund manager announces that the fund's one month 95% VaR is 6% of the size of the portfolio being managed. You have an investment of $100,000 in the fund. How do you interpret the portfolio manager's announcement?

2 ) Suppose that a fund manager announces that the fund's one month 95% expected shortfall is 6% of the size of the portfolio being managed. You have an investment of $100,000 in the fund. How do you interpret the portfolio manager's announcement

Reference no: EM132364386

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