- 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
What are the main criteria to consider in the policy statement with regard to asset allocation?
II. What normal policy weights to assign to each eligible asset class
III. The allowable allocation ranges based on policy weights
I. What asset classes to consider for investment
II. What normal policy weights to assign to each eligible asset class
III. The allowable allocation ranges based on policy weights
A. I and II
B. I and III
C. I, II and III
Explanation: I, II, and III are decisions involved in constructing an investment strategy, but the asset allocation decision comprises the first two points.
User Contributed Comments 4
User | Comment |
---|---|
samsonovk | see page 293 of volume 4. |
tomalot | Damn, I thought it was pg 294. |
nmech1984 | So which page is guys because I saw more or less the same info on page 292. |
rojaslav | I think it's page 295, actually. |