A portfolio manager is contemplating the implication of an immunization strategy He believes that one advantage of the strategy is that it requires no management of the portfolio once the initial portfolio is constructed That is, it is simply a buy and hold strategy Explain whether or not you agree...

The manager is incorrect in his assessment of the strategy as a buy ...

A portfolio manager is contemplating the implication of an immunization strategy. He believes that one advantage of

Question:

A manager is contemplating the implication of an immunization strategy. He believes that one advantage of the strategy is that it requires no management of the once the initial is constructed. That is, it is simply a "buy and hold strategy." Explain whether or not you agree with the manager's assessment of the immunization strategy as a "buy and hold strategy."
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...