This concept reflects investing in a portfolio that includes stocks, cash, bonds, real estate, and other classes of assets, providing for the long-term growth of the principal.
A) Term endowments
B) Total return
C) Spending limits
D) Asset management

Question

Quizplus · Accepted Answer

The concept described is that of "total return," which emphasizes the importance of diversification across various asset classes in order to achieve long-term growth. Term endowments refer to funds that are set aside for a specific period of time, such as to support a scholarship or research project. Spending limits relate to the amount of money that can be withdrawn from an endowment each year. Asset management refers to the professional management of investments, including selecting specific assets and making decisions about the allocation of funds.

This Concept Reflects Investing in a Portfolio That Includes Stocks