The desirable components of an Investment Policy Statement for individual investors can be divided into
A)three main elements consisting of scope and purpose, governance, and risk management.
B)three main elements consisting of scope and purpose, governance, and investment, return-and-risk objectives.
C)four main elements consisting of scope and purpose, governance, risk management, and feedback.
D)four main elements consisting of scope and purpose, governance, risk management, and investment, return-and-risk objectives.

Question

Quizplus · Accepted Answer

The Investment Policy Statement for individual investors should include four main elements: scope and purpose, governance, risk management, and investment, return-and-risk objectives. These elements provide a comprehensive framework for outlining the investor's goals and objectives, as well as the strategies and procedures that will be used to achieve them.

The Desirable Components of an Investment Policy Statement for Individual