Economics · Financial Management
What is the primary objective of a Portfolio Management Service (PMS)?
- 1To minimize the total amount of capital invested in the market portfolio
- 2To invest exclusively in equity markets for speculative short-term gains
- 3To achieve the required rate of return within a desired level of risk tolerance✓
- 4To guarantee high absolute returns with zero financial risk
Correct answer
To achieve the required rate of return within a desired level of risk tolerance
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