Which of the following best describes the underlying rationale for a written investment policy statement (IPS)? A.

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Which of the following best describes the underlying rationale for a written investment policy statement (IPS)?

A. A written IPS communicates a plan for trying to achieve investment success.

B. A written IPS provides investment managers with a ready defense against client lawsuits.

C. A written IPS allows investment managers to instruct clients about the proper use and purpose of investments.

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Investments Principles Of Portfolio And Equity Analysis

ISBN: 9780470915806

1st Edition

Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard

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Question Posted: Mar 22, 2024 01:35 AM

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Which of the following best describes the underlying rationale for a written investment policy statement (IPS)? A.

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A is correct A written IPS is bes...View the full answer

Investments Principles Of Portfolio And Equity Analysis

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