Tactical asset allocation is used to determine the long-term policy asset weights in a portfolio.

Name: Tactical asset allocation is used to determine the long-term policy asset weights in a portfolio.
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Quizplus · Accepted Answer

Tactical asset allocation is used to adjust the asset weights in a portfolio based on short-term market conditions and opportunities, not determine the long-term policy asset weights. Long-term policy asset weights are typically determined through strategic asset allocation.

Tactical Asset Allocation Is Used to Determine the Long-Term Policy