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NEW QUESTION: 1
A. Option D
B. Option B
C. Option A
D. Option E
E. Option C
Answer: A
NEW QUESTION: 2
There was a change in your portfolio to speed up things resulting in the addition of new components. In order to update the new vision, dependencies and timeline for the components, you should update which of the following?
A. Portfolio Strategic Plan
B. Portfolio Roadmap
C. Portfolio Charter
D. Portfolio Management Plan
Answer: B
Explanation:
Explanation
This is a tricky question, as both the roadmap and charter contain the mentioned points, however, the better option would be the roadmap as the charter contains the high-level dependencies and high-level timeline and is unlikely to be updated during the course of a Portfolio (note here that due to major strategic changes e.g.
mergers, issues, etc., the charter gets updated), however in this case, you are in the process of optimizing the portfolio. When solving a strategic change and doing the needed amendments, both documents will most probably be updated.
NEW QUESTION: 3
A load mutual fund offers reduced load charges when an investor invests over $25,000 in the fund. Which
of the following can combine their funds in order to meet that breakpoint and get the reduced sales
charge?
I. Mr. and Mrs. Smith
II. Mrs. Smith and her 8-year-old daughter, Susie
III. Mr. Smith and his brother, Darwin
IV. The Smithereen Investment Club, of which Mr. and Mrs. Smith are co-chairpersons
A. I, II, and III only
B. I, II, and IV only
C. I only
D. I and II only
Answer: D
Explanation:
Only Mr. and Mrs. Smith and Mrs. Smith and her 8-year-old daughter, Susie, can combine
their funds in order to meet the breakpoint and get the reduced sales charge. Investments made by a
husband and a wife and by a parent on their own account and on a custodial account for a minor child can
be combined toward the total needed to reach the breakpoint. (The child cannot be an adult, however.)
Investments made by siblings and investment clubs cannot be combined to meet a breakpoint.
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