CFA Level I sample question

CFA Level I Standard V(B) Communication question

Ethical and Professional Standards / Standard V(B) Communication

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Standard V(B) Communication sample question

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Ethical and Professional Standards

Standard V(B) Communication

A quantitative fund changes from a value model to a value-momentum model, materially changing turnover and drawdown behavior. The manager says only that the fund uses disciplined quantitative selection. The communication is least appropriate because it omits:

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