单选题
Over long periods of time, which of the three major asset allocation decisions account for 85 to 95 percent of returns? A. the asset classes to consider and which securities to choose. B. the asset classes to consider and the policy (normal) asset class weights. C. the policy (normal) asset class weights and the allowable range on those weights.
【正确答案】
B
【答案解析】Many studies confirm that the choice of asset class and the policy weights for the asset lasses together explain about 85 to 95 percent of returns.