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EMC D-PVM-OE-01 exam
  • Exam Code: D-PVM-OE-01
  • Exam Name: Dell Technologies PowerMax Operate
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1

A. Option C
B. Option A
C. Option B
D. Option D
Answer: B

NEW QUESTION: 2
Geneva Management (GenM) selects long-only and long-short portfolio managers to develop asset allocation recommendations for their institutional clients.
GenM Advisor Marcus Reinhart recently examined the holdings of one of GenM's long-only portfolios actively managed by Jamison Kiley. Reinhart compiled the holdings for two consecutive non-overlapping five year periods. The Morningstar Style Boxes for the two periods for Kiley's portfolio are provided in Exhibits 1 and 2.
Exhibit 1: Morningstar Style Box: Long-Only Manager for Five-Year Period 1.

Exhibit 2: Morningstar Style Box: Long-Only Manager for Five-Year Period 2

Reinhart contends that the holdings-based analysis might be flawed because Kiley's portfolio holdings are known only at the end of each quarter. Portfolio holdings at the end of the reporting period might misrepresent the portfolio's average composition. To compliment his holdings-based analysis, Reinhart also conducts a returns-based style analysis on Kiley's portfolio. Reinhart selects four benchmarks:
1. SCV: a small-cap value index.
2. SCG: a small-cap growth index.
3. LCV: a large-cap value index.
4. LCG: a large-cap growth index.
Using the benchmarks, Reinhart obtains the following regression results:
Period 1: Rp = 0.02 + H0.01(SCV) + 0.02(SCG) + 0.36(LCV) + 0.61(LCG)
Period 2: Rp = 0.02 + 0.01(SCV) + 0.02(SCG) + 0.60(LCV) + 0.38(LCG)
Kiley's long-only portfolio is benchmarked against the S&P 500 Index. The Index's current sector allocations are shown in Exhibit 3.
Exhibit 3: S&P 500 Index Sector Allocations

GenM strives to select managers whose correlation between forecast alphas and realized alphas has been fairly high, and to allocate funds across managers in order to achieve alpha and beta separation. GenM gives Reinhart a mandate to pursue a core-satellite strategy with a small number of satellites each focusing on a relatively few number of securities.
In response to the core-satellite mandate, Reinhart explains that a Completeness Fund approach offers two advantages:
Advantage 1: The Completeness Fund approach is designed to capture the stock selecting ability of the active manager, while matching the overall portfolio's risk to its benchmark.
Advantage 2: The Completeness Fund approach allows the Fund to fully capture the value added from active managers by eliminating misfit risk.
Reinhart is more likely to satisfy the GenM alpha and beta separation objective by:
A. allocating funds to his market-neutral long-short managers and to his passive market index fund manager.
B. allocating funds solely to his market-neutral long-short managers.
C. allocating funds to his long-only active managers and to his passive market index fund manager.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
In an alpha and beta separation approach, the investor gains systematic risk exposure by allocating funds to (low-cost) passive index managers, while separately adding alpha via allocation of funds to market- neutral long-short managers. (Study Session 11, LOS 33-t)

NEW QUESTION: 3
The administrator modifies a rule on the firewall, and now all the FTP users cannot access the server any
longer. The manager calls the administrator and asks what caused the extreme downtime for the server.
In regards to the manager's inquiry, which of the following did the administrator forget to do FIRST?
A. Provide notification of change to users
B. Document the changes
C. Schedule a maintenance window
D. Submit a change request
Answer: D

NEW QUESTION: 4
展示を参照してください。

ジュニアエンジニアがブランチルータの設定を更新しました。変更後すぐに、エンジニアはヘルプデスクから支店の担当者がネットワークの宛先に到達できないという電話を受けます。サービスを復元し、引き続き10.1.1.100/32をブロックする構成はどれですか。
A. ip prefix-list 102 seq 5 permit 0.0.0.0/32 le 32
B. route-map FILTER-IN deny 5
C. ルートマップFILTER-IN許可20
D. ip prefix-list 102 seq 15 permit 0.0.0.0/32 le 32
Answer: C
Explanation:
By using "deny" keyword in a route-map, we can filter out the prefix specified in the prefix-list.
But there is an implicit "deny all" statement in the prefix-list so we must permit other prefixes with "permit" keyword in the route-map.

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