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Basic Question 2 of 4
Which of the following constraints concerns individual investors least, with respect to their portfolios?
B. Legal issues
C. Taxes
A. Political issues
B. Legal issues
C. Taxes
User Contributed Comments 2
| User | Comment |
|---|---|
| 2014 | Individual investors are least affected by Legal Issues compared to Institutional Investors? |
| HolzGe1 | Its about political issues being a CONSTRAINT. A sovereign wealth fund might be more constrained by political issues in its investment choices than an individual. |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe the investment constraints of liquidity, time horizon, tax concerns, legal and regulatory factors, and unique circumstances and their implications for the choice of portfolio assets
CFA® 2024 Level I Curriculum, Volume 6, Module 4.