CFA Level I sample question

CFA Level I Standard III(C) Suitability question

Ethical and Professional Standards / Standard III(C) Suitability

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Standard III(C) Suitability sample question

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Ethical and Professional Standards

Standard III(C) Suitability

A retired client with a low risk tolerance asks her adviser to buy a volatile single-country equity ETF with 25% of her portfolio after seeing strong recent performance. The ETF is liquid and has a reasonable expected return. The adviser's most appropriate response is to:

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