The Scope and Purpose Section of an Investment Policy Statement

question 24

Multiple Choice

The scope and purpose section of an Investment Policy Statement for individual investors typically consists of defining the

• A) return, distribution, and risk requirements.
• B) process for review of the IPS.
• C) appropriate metrics for risk measurement.
• D) relevant constraints.
• E) context, investor, and structure.

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Definitions:

Job Description

A formal document that outlines the duties, responsibilities, required qualifications, and reporting relationships of a particular job.

NOC

The National Occupational Classification, a standardized system that categorizes and describes every occupation in the Canadian economy.

Psychological States

Variations in an individual's mental condition that can influence their feelings and behaviors at any given time.

Meaningfulness

The significance or value that an individual perceives in their work, contributing to a sense of purpose or fulfillment.