A Professional Should Inform the Client If Expertise Required for a Certain

question 57

True/False

A professional should inform the client if expertise required for a certain matter should be sought from an alternate source.

Understand the concept of investment risk and how it is measured.

Grasp the principles of portfolio construction and how diversification impacts risk.

Comprehend the distinction between systematic and unsystematic risk and how diversification affects them.

Understand the concept of the expected return on an investment and how it is calculated.