单选题 Which of the following statements about return objectives is TRUE?

A、 To achieve the capital appreciation objective, the nominal rate of return must exceed the rate of inflation.
B、 The total return objective considers returns from both capital gains and current income, net of expected inflation.
C、 The current income objective is usually appropriate when an investor requires the purchasing power of the initial investment to increase over time.

【正确答案】 A

【答案解析】The total return objective considers returns from both capital gains and the reinvestment of current income, but is not net of inflation (net of inflation, this is the real total return). The current income objective is usually appropriate when an investor wants or needs to supplement other sources of income to meet living expenses or some other planned spending need.