Ethical and Professional Standards Q147

0. Which of the followings statements best describe a composite?

A
A single portfolio for a specific client type such as a retail or institutional investor.
B
One or more portfolios managed to a similar investment mandate, objective or strategy.
C
One or more top-performing portfolios provided it is a pre-established criteria.

Answer
Comment
Array

Option : B
Explanation : A composite is an aggregation of one or more portfolios managed according to a similar investment mandate, objective, or strategy.

Forgot your password?

I agree with the Terms.