Exam (elaborations)
CPSP 2.2 With 100% COMPREHENSIVE QUESTIONS AND ANSWERS ALREADY GRADED A+
- Course
- Institution
CPSP 2.2 With 100% COMPREHENSIVE QUESTIONS AND ANSWERS ALREADY GRADED A+
[Show more]
Seller
Follow
Content preview
JACKLINECPSP 2.2 With 100% COMPREHENSIVE QUESTIONS AND ANSWERS ALREADY
GRADED A+
Practice questions for this set
1 Mutual funds allow trading
, Terms in this set (58)
A plan sponsor is not required by law to have a written investment policy statement (IPS) for its plan.
However, the Employee Retirement Income Security Act of 1974 (ERISA) is clear that plans must
Investment Policy Statement
"provide a procedure for establishing and carrying out a funding policy in a method consistent with
the objectives of the plan
The IPS is typically one of the first documents requested in a DOL investigation for potential fiduciary misconduct
Objective and purpose of the investment policy for the plan Roles and responsibilities of key players
(e.g., fiduciaries, third-party administrators, investment advisors, investment committee, etc.) Factors
the plan will take into account when selecting investments Frequency and methodology for
effective IPS generally includes:
rebalancing investment portfolios Procedures for controlling and accounting for investment
expenses Procedures for monitoring the investment policy on a continual basis Description of how
the plan will select service providers
One of the foundational tenets of MPT is that various types of investments called asset classes
perform differently depending on market conditions. Various asset classes increase or decrease in
Modern Portfolio Theory (MPT) and its tenets
value in tandem with the overall market - and are said to therefore correlate either positively or
negatively depending on the market
Modern Portfolio Theory says that various asset classes may perform differently in different market conditions.
CPSP 2.2
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Queenstin. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now