请老师解释一下C

问题如下：

Which of the following written investment policy statement (IPS) is most likely to be a successful one?

选项：

A.

A written IPS reflecting only the portfolio manager’s investment philosophy.

B.

A written IPS collaboratively created by the client and the portfolio manager.

C.

A written IPS created by a software program and could assure consistent quality.

解释：

B is correct.

For a written IPS's success, it must reflect not only the portfolio manager’s investment philosophy but also the client’s situation and requirements.