CFA Practice Question

There are 294 practice questions for this study session.

CFA Practice Question

Rank the following portfolio management process steps in the appropriate order.
A. Prepare the policy statement, construct the portfolio, monitor and update investor needs.
B. Monitor investor needs, prepare the policy statement, and construct the portfolio.
C. Prepare the policy statement, gather feedback, and construct the portfolio.
Explanation: The first step requires developing the policy statement. The second step implements the plan by constructing the portfolio. Afterwards, monitoring and updating is conducted through a feedback loop.

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