Currency Overlay Portfolios Valuation | CFA® Level 1 Exam Preparation

Currency Overlay Portfolios Valuation

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Question

Currency overlay portfolios must be valued at least ________.

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A. B. C. D. E.

C

In accordance with the AIMR-PPS, currency overlay portfolios must be valued at least quarterly, but because of the volatile nature of these portfolios, firms may need to revalue currency overlay portfolios more frequently than quarterly to obtain full and fair disclosure.