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Using GDP/GNP of the countries in the index for customised benchmark - I can't find this anywhere!
Statement (Schweser Mock Exam 2 PM - Q58): International equity indexes are generally weighted using the market cap of the countries in the index, although the relative GDP/GNP of the countries in the index can also be used.
According to Schweser, this statement is correct. I can't find in my notes where GDP/GNP of countries can be used. Any idea?