Major functions of the investment committee include all but which one of the following?

Question

Quizplus · Accepted Answer

While the investment committee may provide guidance on security selection to portfolio managers, their primary function is to oversee the overall asset allocation strategy and determine the asset-class weights for each portfolio, as well as identify the asset universe from which to select securities. Therefore, A is not a major function of the investment committee.

Major Functions of the Investment Committee Include All but Which