Many superannuation funds in Australia have introduced a 'life-cycle' feature where the asset allocation of the portfolios
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Question:
Many superannuation funds in Australia have introduced a 'life-cycle' feature where the asset allocation of the portfolios of individual investors are amended to have a decreasingly aggressive asset allocation as the investor approaches retirement. This is consistent with:
a. A decreasing risk tolerance with age
b. An increasing risk tolerance with age
c. An increasing return objective with age
d. A decreasing return objective with age
Related Book For
Essentials Of Business Statistics
ISBN: 9780078020537
5th Edition
Authors: Bruce Bowerman, Richard Connell, Emily Murphree, Burdeane Or
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