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.
E) five main elements consisting of scope and purpose, governance, risk management, investment, return-and-risk objectives, and evaluation.
Correct Answer:
Verified
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