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AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 31 Topic 4 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 31 Topic 4 Discussion

CWM_LEVEL_2 Exam Topic 4 Question 31 Discussion:
Question #: 31
Topic #: 4

Section A (1 Mark)

A market timing approach that increases the proportion of funds in stocks when the stock market is expected to be rising, and increases cash when the stock market is expected to be falling is a:


A.

Strategic asset allocation.


B.

Tactical asset allocation.


C.

Portfolio optimization.


D.

Liquidity expectation timing.


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