Course Readings Discussions Question 2 1.5 pts Echo 360 Assignments Which of the following statements is incorrect regarding the difference between a Strategic Asset Allocation (SAA) and Tactical Asset Allocation (TAA)? Assignment Help A 5 Grades If there were no TAA (no allocation range around the SAA allocation), portfolio manager will be better able to reduce concentration in asset/sub-asset classes. People Toolkit O SAA defines the allocation of asset/sub-asset classes, while TAA provides the range of allocation around the SAA allocation of asset/sub-asset classes. LMS Analytics SELT O SAA does not change unless the long term capital market expectations change AND/OR the investment objectives and constraints change. O TAA ranges ensure that portfolio managers are constrained in making the portfolio concentrated in a particular asset/sub-asset class O Portfolio managers will change the allocation of asset/sub-asset classes within the TAA ranges to take advantage of future market conditions. atsApp Imag....jpeg MoRook Pro