A client has indicated specific concerns about both the use of leverage and the idea of investing in any tobacco$-$related companies.

Where would this be reflected in the investment policy statement $($IPS$)?$

Select one

$$A$.$ Under the Unique Circumstances in the Constraints section

$$B$.$ In the Objectives section

$$C$.$ In the Asset Allocation Targets section

$$D$.$ This type of information would not be included in the IPS.