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NEW QUESTION: 1
What are the main criteria to consider in the policy statement with regard to asset allocation?
I). What asset classes to consider for investment.
II). What normal policy weights to assign to each eligible asset class.
III). The allowable allocation ranges based on policy weights.
A. I, II and III.
B. I and III.
C. I and II.
Answer: C
Explanation:
I, II and III are decisions involved in constructing an investment strategy, but the asset allocation decision comprises the first two points.


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