周教授CFA金融课程(2020年CFA一级全系列课程)

申请CFA一级会员免费学习、免费延期、高通过率。

周教授CFA金融课程(2020年CFA二级全系列课程)

申请CFA二级会员免费学习、免费延期、高通过率。

周教授CFA金融课程:考点精讲+作答须知(2020年CFA三级全系列课程)

全球最好CFA三级课程,由美国大学金融学资深教授,博士,CFA 持证人、博士生导师 - 周教授亲自授课,中国知名大学教授、硕博团队协作出品,高通过率

 

CFA报名详细流程图,CFA考生自己即可完成报名
上一主题:Reading 54: Basics of Portfolio Planning and Construction-LO
下一主题:Reading 54: Basics of Portfolio Planning and Construction-LO
返回列表 发帖
周教授CFA金融课程:2020年CFA一二三级系列课程

Reading 54: Basics of Portfolio Planning and Construction-LO

Session 12: Portfolio Management
Reading 54: Basics of Portfolio Planning and Construction

LOS c: Discuss risk and return objectives, including their preparation.

 

 

Which of the following statements about the importance of risk and return in the investment objective is least accurate?

A)
Expressing investment goals in terms of risk is more appropriate than expressing goals in terms of return.
B)
The return objective may be stated in dollar amounts even if the risk objective is stated in percentages.
C)
The investor’s risk tolerance is likely to determine what level of return will be feasible.


 

Expressing investment goals in terms of risk is not more appropriate than expressing goals in terms of return. The investment objectives should be stated in terms of both risk and return. Risk tolerance will likely help determine what level of expected return is feasible.


Which of the following statements about risk and return is NOT correct?

A)
Return objectives should be considered in conjunction with risk preferences.
B)
Return-only objectives provide a more concise and efficient way to measure performance for investment managers.
C)
Return objectives may be stated in dollar amounts.


Return-only objectives may actually lead to unacceptable behavior on the part of investment managers, such as excessive trading (churning) to generate excessive commissions.

TOP

Which of the following statements about risk and return is NOT correct?

A)
Specifying investment objectives only in terms of return may expose an investor to inappropriately high levels of risk.
B)
Risk and return may be considered on a mutually exclusive basis.
C)
Return objectives may be stated in absolute terms.


Risk and return must always be considered together when expressing investment objectives. Return objectives may be expressed either in absolute terms (dollar amounts) or in percentages.

TOP

返回列表
上一主题:Reading 54: Basics of Portfolio Planning and Construction-LO
下一主题:Reading 54: Basics of Portfolio Planning and Construction-LO