- CFA Exams
- CFA Level I Exam
- Topic 9. Portfolio Management
- Learning Module 41. Measuring and Managing Market Risk
- Subject 4. Applications of Risk Measures
CFA Practice Question
Surplus at risk is a risk measure often used by ______.
B. Pension funds
C. Insurers
A. Banks
B. Pension funds
C. Insurers
Correct Answer: B
This measure is used by pension fund staff to make the assets in the fund better match the liabilities.
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