个人投资者手上总要有些流动性吧

问题如下：

Chris holds $50,000, that is 25% of his financial assets in cash to support his daughter who is at the first year of university education. The remaining part is 50% equity/50%bonds. Due to the academic achievement, his daughter receives the full university scholarship. In this case, his portfolio manager most likely recommends Chris to:

选项：

A.

decrease the weights of cash in his asset allocation

B.

decrease the weights of bonds in his asset allocation

C.

decrease the weights of equities in his asset allocation

解释：

A is correct.

考点：Revising the Strategic Asset Allocation

解析：教育费用对于Chris来说是一笔负债。这笔负债需要流动性比较强的资产来覆盖，所以之前Chris手上25%的资产都是现金。但是，当他的女儿获得奖学金之后，这笔负债就相当于结清了，手上就不需要这么多现金，所以基金经理应当建议Chris减少配置中现金的占比。