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What is the primary focus of the Investment Policy Statement ( IPS ) ? Group of answer choices Detailing the client's past investment performance. Outlining

What is the primary focus of the Investment Policy Statement (IPS)?
Group of answer choices
Detailing the client's past investment performance.
Outlining the strategic asset allocation and investment objectives.
Recording the financial advisor's qualifications.
Specifying the transaction costs associated with the portfolio.

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