Reading 35 Portfolio Performance Evaluation - Performance Appraisal Example 11

CFA Level III Portfolio Management
#1

Hi dears,

I hope someone has an explanation for this. otherwise it might be an error in CFA Books.

in Example 11 page 221 / reading 35 , i tried to apply the same formula for calculating non systematic risk from question 3 to solve question 5. i get a different answer from the book.

any help?

Regards
M.G

#2

CFA released an erratum to remove Question 5 from Example 11:

Source (19 March 2021): https://www.cfainstitute.org/-/media/documents/support/programs/cfa/cfa-level-iii-errata.ashx

#3

oh I didn’t know they released a new erratum … many thanks for sharing

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