Recommendations & Strategies第 50 / 100 题
A client's investment policy calls for rebalancing when any asset class drifts more than five percentage points from target. Equities have risen sharply, pushing the equity weight above the band. The adviser should:
a.Sell some equities and buy the underweighted classes to restore targets
b.Do nothing because winners should always run
c.Move the entire portfolio to cash
d.Double the equity allocation to capture momentum
解析
Disciplined rebalancing means trimming the overweight asset class and adding to underweighted ones to restore the target allocation and control risk. Ignoring the policy or chasing momentum abandons the client's agreed risk profile. Rebalancing enforces buy-low, sell-high discipline.
免费刷完整 100 道题库 — 无需注册。
同考点相关题目
- An investor sells a stock at a loss and repurchases the same stock 10 days later. The wash-sale rule will:
- The Sharpe ratio measures:
- Beta measures a security's:
- Dollar-cost averaging involves:
- Diversification across uncorrelated asset classes primarily reduces which type of risk?
- A client contributes to a Roth IRA. Which statement is correct?