Question 6 of 90
A scheme’s benchmark may need to be changed owing to
A
A change in the scheme's investment objective
B
A better benchmark becoming available
C
A change in the construction of the benchmark index
D
All of the above
Correct Option:
D
Explanation
A scheme's benchmark may be changed if its investment objective changes, if a more appropriate benchmark becomes available, or if the methodology or construction of the existing benchmark undergoes significant changes.
