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Asset allocation is important to help diversify a portfolio but has little impact on the portfolio's return.

True/False

1 Answer

6 votes

The given statement is false

Step-by-step explanation:

Asset allocation is an important because it is an investment strategy in which there will be risks involving the tolerance the goal and the investment of the time frame and the main focus will be done on the characteristics of the portfolio

All the risks and the rewards will be balanced by using the percentage of investment in each assets and also by adjusting the investments and the percentage so the given statement is false

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