An investor's asset allocation should shift toward more conservative holdings as which of the following changes?

a.Their risk tolerance increases sharply
b.They approach the time when they will need the funds
c.Interest rates fall to record lows
d.Their income rises substantially

解析

As an investor nears the point of needing their funds, such as retirement, reducing exposure to volatile assets protects accumulated wealth from a poorly timed downturn. A shorter time horizon reduces the ability to recover from losses. This is the rationale behind glide-path strategies in target-date funds.

免费刷完整 110 道题库 — 无需注册。

同考点相关题目

最近核对: · 审核流程

PrepPass 编辑团队 · 依据官方资料核对 NASAA Series 65 Investment Adviser Law Exam · 我们如何核对
反馈