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- 2013-8-22
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GIPS - schweser q-bank question
isn’t ‘C’ correct as well?
Which of the following statements is the best description of whether a portfolio should be included in a composite?
A) All actual, fee-paying portfolios should be included in a composite.
B) Non-fee-paying portfolios may be included in a composite if they are discretionary.
C) All discretionary portfolios must be included in a composite.
Your answer: B was correct!
All actual, fee-paying, discretionary portfolios must be included in at least one composite. Non-fee-paying discretionary portfolios may be included in a composite, but non-discretionary portfolios may not be included. |
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发表于 2013-4-8 12:46
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