Exam4Training

Each ________ needs to comprise portfolios or asset classes that represent a similar investment goal.

Each ________ needs to comprise portfolios or asset classes that represent a similar investment goal.
A . return
B . composite
C . value
D . benchmark
E . mix

Answer: B

Explanation:

All actual fee- paying discretionary portfolios must be included in at least one composite defined according to similar strategy or investment objective.

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