CFA Practice Question

There are 221 practice questions for this study session.

CFA Practice Question

Which of the following statements reflects the importance of the asset allocation decision to the investment process? The asset allocation decision ______

A. helps the investor decide on realistic investment goals.
B. identifies the specific securities to include in a portfolio.
C. determines most of the portfolio's returns and volatility over time.
D. creates a standard by which to establish an appropriate investment time horizon.
Correct Answer: C

User Contributed Comments 2

User Comment
soarer1 Asset Allocation is a significant factor to a portfolio's returns
kingirm all could be true...
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