CFA Level I sample question

CFA Level I Suitability and Portfolio Context question

Ethical and Professional Standards / Suitability and Portfolio Context

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Suitability and Portfolio Context sample question

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Ethical and Professional Standards

Suitability and Portfolio Context

A single high-risk security is unsuitable by itself for a conservative client, but in a discretionary portfolio it is a small hedge that reduces total portfolio risk and matches the IPS. The purchase is most likely:

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