Ethical and Professional Standards Q106

0. Zion mutual fund advertises in its marketing brochures that all the fund managers at Zion are CFA charterholders, and hence achieve better performance results. Which CFA Institute Standard of Professional Conduct is most likely violated?

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Option : A
Explanation : There is improper reference to the CFA Designation that the charter holders achieve better performance results. Refer to Standard VII(B).

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