Asset allocation is procedure of scattering your assets between numerous different...

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Asset allocation is procedure of scattering your assets between numerous different kinds of investments to

A. highest risk

B. moderate risk

C. lessen risk

D. no risk

Answer: Option C

Solution (By Examveda Team)

Asset allocation is procedure of scattering your assets between numerous different kinds of investments to lessen risk. Asset allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio's assets according to an individual's goals, risk tolerance and investment horizon.

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