Series 65 Exam Question

Here is an example of a frequent series 65 question

An investment adviser is considered to be adding value if:

A) They are adding theta
B) There are reducing beta
C) They are adding gamma
D) They are adding alpha

An investment adviser is considered to be adding value if they are adding alpha. If an investment adviser adds alpha, they are out performing the expected return of the portfolio for each unit of risk assumed by the portfolio. Take some free series 65 exam questions on our site at: http://www.securitiesce.com/web/pages/series65/index.php