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Basic Question 3 of 5
Many so-called "sin stocks," including purveyors of tobacco, alcohol, gambling, and defense contractors, are banned from portfolios on moral or ethical grounds. This strategy is known as ______.
B. negative screening
C. clean investing
A. thematic investing
B. negative screening
C. clean investing
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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
explain top-down and bottom-up factors that impact the cost of capital;
CFA® 2025 Level II Curriculum, Volume 3, Module 17.