Reading 9: Changing Investment Objectives

LOS a: Critique the disclosure of investment objectives and basic policies and determine whether they comply with the CFA Institute Standards of Professional Conduct.

1、Adequate investment policy disclosure typically means clearly identifying the policy in:

A)   a tombstone advertisement in the Wall Street Journal or Financial Times.

B)   the annual report.

C)   the prospectus.

D)   an annual letter to all fund shareholders.

The correct answer was C)

Adequate disclosure is typically accomplished by clearly stating the policy in the prospectus.

[此贴子已经被作者于2008-1-17 12:09:24编辑过]