Recommendations & Strategies第 71 / 100 题
A client nearing retirement wants to gradually reduce portfolio risk. A glide-path approach would:
a.Increase equity exposure each year
b.Shift the allocation progressively toward more conservative assets as the target date approaches
c.Keep the allocation permanently fixed
d.Move fully into a single stock
解析
A glide path gradually reduces equity exposure and increases conservative holdings as a target date, such as retirement, nears. This aligns risk with a shortening time horizon and rising need for capital preservation. Target-date funds commonly use this method.
免费刷完整 100 道题库 — 无需注册。
同考点相关题目
- A 529 plan is primarily used for:
- When comparing two portfolios with the same return, the one with the LOWER standard deviation is generally considered:
- An investor is subject to the alternative minimum tax and holds private-activity municipal bonds. The adviser should note that interest on certain private-activity bonds may be:
- A high-net-worth client asks how to reduce estate taxes through lifetime giving. The adviser should mention:
- An adviser evaluates a mutual fund's performance against a benchmark index. The value that shows how closely the fund tracks the benchmark is best captured by:
- A client holds appreciated stock and wishes to donate to charity in a tax-efficient way. Donating the appreciated shares directly, rather than selling first, generally allows the client to: