The Gain That Many Clients Make Due Primarily to the Expectation

question 21

Multiple Choice

The gain that many clients make due primarily to the expectation of improvement is called the

• A) psychosomatic effect.
• B) expectation rebound.
• C) placebo effect.
• D) subjective improvement effect.

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Definitions:

Investment Performance

The measure of how an investment has grown or declined in value, considering both capital gains and income, over a specific period.

CFA

CFA stands for Chartered Financial Analyst, a professional designation given by the CFA Institute that measures the competence and integrity of financial analysts.

Financial Analysts Federation

An organization that represents the interests and professional development of financial analysts.

Money Management

The process of budgeting, saving, investing, spending, or overseeing the capital usage of an individual or group.