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Basic Question 3 of 3

The most important component of an IPS is the ______.

A. statement of purpose
B. investment objectives and constraints
C. appendices

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I used your notes and passed ... highly recommended!
Lauren

Lauren

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.