Which of the following is NOT a step in the portfolio management process?
A) develop a policy statement
B) study current financial and economic conditions
C) construct the portfolio
D) monitor investor's needs and market conditions
E) sell all assets and reinvestment proceeds at least once a year

Question

Quizplus · Accepted Answer

Selling all assets and reinvestment proceeds at least once a year is not a step in the portfolio management process. The other options are all important steps in the process, including developing a policy statement, studying current financial and economic conditions, constructing the portfolio, and monitoring investor's needs and market conditions.

Which of the Following Is NOT a Step in the Portfolio