2014CFA3级-每日一练-R13-20140312
The client objective motivating a monetization strategy is least likely to be:
A) increase portfolio systematic risk.
B) a tax efficient exit strategy.
C) provide funds to meet portfolio objectives.
solution：A
Increasing systematic (market) risk is least likely. The client may need to increase, decrease, or leave systematic (market) risk unchanged. Decreasing non-systematic (or asset specific) risk, providing funds for portfolio objectives, and tax efficiency are common objectives in monetization |
发表于 2014-6-27 12:56
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