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Basic Question 3 of 3

The least likely reason for constructing an investment policy statement is that it ______

A. minimizes the costs of portfolio construction.
B. helps investors create realistic investment goals.
C. establishes a performance benchmark to judge manager performance.

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe the steps in the portfolio management process

CFA® 2024 Level I Curriculum, Volume 6, Module 3.