CFA一级组合管理试题精选

CFA一级组合管理真题1：Choose one of the following types of institutions is most likely to have a long investment time horizon and a high level of risk tolerance.

A. A bank.

B. An insurance company.

C. An endowment.

Solution: C

CFA一级组合管理真题2：Choose one of the following statement best describe the defined contribution pension plan?

A. The employer contributes to the employee's retirement account each period.

B. The plan sponsor promises a predetermined retirement income to participants.

C. The employee assumes the investment risk.

Solution: C

CFA一级组合管理真题3： Choose one of the following contributes the most to the volatility of the portfolio:

A. Standard deviation of the individual assets.

B. Average covariance between all pairs of assets.

C. Average variance of the individual assets.

Solution: B