ESSEN OF INVESTMENTS CONNECT AC
ESSEN OF INVESTMENTS CONNECT AC
11th Edition
ISBN: 9781266650314
Author: Bodie
Publisher: MCG
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Chapter 22, Problem 1CP
Summary Introduction

To determine:

To identify and describe an appropriate set of investments objectives and constraints for Dr. and Mrs. Mason, and prepare a comprehensive investment policy statement based on these objectives and constraints.

Introduction:

An investment policy statement (IPS) is a document drafted for a portfolio manager by his client that outlines general rules for investment for the manager. This statement provides the general investment objectives and constraints of a client and describes the strategies that the manager should formulate to meet these objectives.

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