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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 |
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