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Basic Question 2 of 4

Which of the following constraints concerns individual investors least, with respect to their portfolios?

A. Political issues
B. Legal issues
C. Taxes

User Contributed Comments 2

User Comment
2014 Individual investors are least affected by Legal Issues compared to Institutional Investors?
HolzGe1 Its about political issues being a CONSTRAINT. A sovereign wealth fund might be more constrained by political issues in its investment choices than an individual.
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Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe the investment constraints of liquidity, time horizon, tax concerns, legal and regulatory factors, and unique circumstances and their implications for the choice of portfolio assets

CFA® 2025 Level I Curriculum, Volume 6, Module 4.