Mock PM - Ethics - Reference to CFA guidelines, statements, ability, achieve, better

brk1yn

How are the statements made by the portfolio mgr in compliance with the CFA guidelines for referencing..
“Highest credential…. improved ability to achieve better performance”?!

bodhisattva

improved performance isnt ar eference to cfa
ur allowed to say highest credential b/c its fact

mar350

pg 107 book 1 CFAI
it is the highest credential and you are committed to the highest ethical standards.. the second part I think was a different answer choice

canadiananalyst

Ah.. I guess you’re right.
Seems like a little self love for the CFA to allow “highest creditial” as a factual and not opinion-based statement.

yalo

The ref to CFA is correct: the charter is the highest credential in the industry, and it does improve portfolio management knowledge, but not the skills (so C is out) and is also in breach of ROS with the information on the website (which should be updated - so B is out).