Your client prefers to invest in ETFS because they are cost effective and provide broad diversification. However, she doesn't have the time or knowledge to select that appropriate ETFS and needs professional management for selection and management of the asset allocation within the portfolio. What fee-based arrangement would you recommend? O a) A Multi-Disciplinary Account. O b) An ETF Wrap Account. Oc) A Discretionary Account. O d) A Mutual Fund Wrap Account.
Your client prefers to invest in ETFS because they are cost effective and provide broad diversification. However, she doesn't have the time or knowledge to select that appropriate ETFS and needs professional management for selection and management of the asset allocation within the portfolio. What fee-based arrangement would you recommend? O a) A Multi-Disciplinary Account. O b) An ETF Wrap Account. Oc) A Discretionary Account. O d) A Mutual Fund Wrap Account.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Your client prefers to invest in ETFS because they are cost effective and provide
broad diversification. However, she doesn't have the time or knowledge to select
that appropriate ETFS and needs professional management for selection and
management of the asset allocation within the portfolio. What fee-based
arrangement would you recommend?
O a) A Multi-Disciplinary Account.
O b) An ETF Wrap Account.
Oc) A Discretionary Account.
d) A Mutual Fund Wrap Account.
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