Which of the following is least important as a reason for a written investment policy statement (IPS)?
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Which of the following is least important as a reason for a written investment policy statement (IPS)?
A. The IPS may be required by regulation.
B. Having a written IPS is part of best practice for a portfolio manager.
C. Having a written IPS ensures the client’s risk and return objectives can be achieved.
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Related Book For
Investments Principles Of Portfolio And Equity Analysis
ISBN: 9780470915806
1st Edition
Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard
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