CFA Practice Question

There are 221 practice questions for this study session.

CFA Practice Question

Studies show that 85 to 95% of portfolio performance can be explained by ______.

I. security selection within asset classes
II. the asset classes considered for investment
III. the proportions invested within each asset class
Correct Answer: II and III

Policy decisions regarding asset allocation explain most of a portfolio's performance.

User Contributed Comments 1

User Comment
soarer1 Asset class and proportion are key
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