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Basic Question 3 of 3
The most important component of an IPS is the ______.
B. investment objectives and constraints
C. appendices
A. statement of purpose
B. investment objectives and constraints
C. appendices
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe the reasons for a written investment policy statement (IPS)
describe the major components of an IPS
CFA® 2025 Level I Curriculum, Volume 6, Module 4.