- CFA Exams
- CFA Level I Exam
- Study Session 19. Portfolio Management (2)
- Reading 54. Basics of Portfolio Planning and Construction
- Subject 4. Portfolio Construction
CFA Practice Question
Asset allocation is the ______
A. process of deciding which stocks to pick.
B. decision of how to target allocation of the portfolio across different asset categories.
C. decision of how to allocate an IPO across the various managers' accounts.
Explanation: Asset allocation is about how to allocate money into different asset classes.
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