A Passive Benchmark Portfolio Is _______________

question 16

Multiple Choice

A passive benchmark portfolio is _______________.
I.a portfolio where the asset allocation across broad asset classes is neutral and not determined by forecasts of performance of the different asset classes
II.one where an indexed portfolio is held within each asset class
III.often called the bogey

• A) I only
• B) I and III only
• C) II and III only
• D) I, II and III

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Definitions:

In re Gault

A landmark 1967 U.S. Supreme Court decision that granted juveniles accused of crimes the same due process rights as adults, including the right to legal counsel, the right to notice of the charges, the right to confront witnesses, and the right to remain silent.

Constitutional Right

A right granted and protected by a country's constitution, often referring to those rights considered fundamental to the functioning of the society.

Counsel

A legal advisor or a lawyer providing legal advice or representation in court, often in criminal cases.

United States v. Windsor

A landmark Supreme Court case in 2013 that overturned Section 3 of the Defense of Marriage Act, advancing the rights of same-sex couples.