Basics Beginner: Creating Your Investment Policy Statement

Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
Which of the following is a question to answer while creating the executive summary of your investment policy statement?
Choose wisely. There is only one correct answer.
How many years will I be investing? This question must be answered in the executive summary.
2.
The Monitoring Procedures portion of your investment policy statement details how you will keep tabs on your investments.
Choose wisely. There is only one correct answer.
True. This is the section that covers how you will keep things in line with your executive summary.
3.
The investment objectives portion of your investment policy statement covers what you're trying to achieve with your portfolio.
Choose wisely. There is only one correct answer.
True. It's all about goals.
4.
As regards your investment policy statement, investment selection criteria tend to be _______.
Choose wisely. There is only one correct answer.
Quantitative. These criteria are a means of quantifying your investment philosophy.
5.
Which of the following is a question to answer for the investment philosophy section of your investment policy statement?
Choose wisely. There is only one correct answer.
What's my philosophy about risk? Investment philosophy questions tell you what is important to you as an investor.