Choose all the correct options

Question

When formulating an investment policy for a client, all of the following fall

Accepted Answer

type and nature of clients

Answer

expected cash flows

Answer

regulatory and legal circumstances

Answer

investor preferences, circumstances and unique needs

Answer

liquidity needs

Answer

none of these answers

Answer

proxy voting

Answer

investable funds

When formulating an investment policy for a client, all of the following fall under "investor constraints," except ________.