问题如下:
4. Are Khadri’s statements in the quarterly newsletter consistent with CFA Institute Standards?
选项:
A.Yes.
B.No, because Statement 1 is opinion, not fact.
C.No, because Statement 2 is opinion, not fact.
解释:
B is correct.
Standard V(B) —Communication with Clients and Prospective Clients requires the member or candidate to separate and distinguish "facts from opinions" in the presentation of analyses and investment recommendations. Statement 1 in the newsletter states that "China’s pegging of the yuan to the US dollar will end within the next 12 months which will lead to the yuan increasing in value by more than 40%, supporting our over-weighting of Chinese-related stocks in the portfolio." Khadri does not clearly differentiate between opinion and fact. The statement about the future of oil pricing is not as questionable because Khadri uses the term "should" which helps clients understand that this is an opinion and not a certainty. Members may communicate opinions, estimates, and assumptions about future values and possible events but they must take care to differentiate fact from opinion.
可以讲一下这个题的两个选项么?