An Investment Consultant Is Recommending a Certain Class of Mutual

question 157

True/False

An investment consultant is recommending a certain class of mutual funds to the clienteles based on its exceptionally high probability of gain.It is an ethical practice to explain to the clienteles what the basis of her probability estimate is.

---

Definitions:

Sexual Conversion Therapy

A controversial and largely discredited practice aimed at changing an individual's sexual orientation from homosexual or bisexual to heterosexual.

Psychological Distress

Emotional suffering often characterized by symptoms of depression, anxiety, and stress which can impact daily functioning.

Culturally Adapted Therapies

Psychotherapeutic approaches that are modified to respect and incorporate the cultural backgrounds and needs of diverse client populations.

Established Therapies

Therapeutic practices and methods that have been widely accepted and used over time, often backed by a significant body of research and clinical trials.