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  • AMFI Mutual Fund Practice Test
  • Once a financial advisor works out ideal Asset Allocation...
Multiple choice

Once a financial advisor works out ideal Asset Allocation, it can be used for all his investors

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Asset allocation must be personalized based on each investor's risk tolerance, time horizon, financial goals, and current financial situation. What works for one investor may be completely inappropriate for another.

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  • Financial Markets and Instruments (1985 questions)
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