SECTION 3.3.1. LO.I. SECTION 3.3.1. LO.I.

23. - CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R49 MEASURING MANAGING MARKET RISK Q BANK
CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R49 MEASURING MANAGING MARKET RISK Q BANK

23. A is correct. Banks usually impose total economic capital or VaR limits. B and C are

incorrect as pension fund sponsors and portfolio managers apply ex ante tracking error

budget. Section 5.1. LO.k.