A Portfolio of Directly-Owned Individual Securities Guided by an Investment

question 2

Multiple Choice

A portfolio of directly-owned individual securities guided by an investment manager is known as a:

• A)IRA.
• B)IMA.
• C)SMA.
• D)DCA.

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Definitions:

High-Status

A position or ranking within a social hierarchy that carries prestige, respect, or authority.

Obtain Property

The act of acquiring ownership or rights over physical or intellectual assets.

Lower Classes

Social groups characterized by lower socioeconomic status, often associated with limited access to resources and opportunities.

Meritocracy

A system of rewards based on personal attributes and demonstrated abilities.