Choose wisely. There is only one correct answer to each question.
Review your answers below to learn more.
Which of the following is a question to answer for the investment philosophy section of your investment policy statement?
What's my philosophy about risk? Investment philosophy questions tell you what is important to you as an investor.
Which of the following is a question to answer for the Monitoring Procedures section of your investment policy statement?
How will I determine how well my overall portfolio is doing? This question will help you monitor your investments.
What does the executive summary portion of the investment policy statement do?
It summarizes your current situation and what you expect from your portfolio. In other words, it's a snapshot.
The investment objectives portion of your investment policy statement covers what you're trying to achieve with your portfolio.
True. It's all about goals.
Investment selection criteria are _______.
Both of the above. Develop your investment selection criteria as rules for choosing investments. Then, as you monitor your portfolio, make sure that your investments continue to hold the qualities that you bought them for. If they don't, consider selling.