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Chartered Investment Manager (CIM) Practice Exam · Question

How can derivatives primarily be used in portfolio management?

Derivatives are versatile instruments used in portfolio management to both manage downside risk (hedging) and potentially enhance returns through strategic spec

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Question: How can derivatives primarily be used in portfolio management?

Answer options:

  • To directly increase the dividend income of a portfolio. ✅ To manage risk and enhance returns through hedging or speculation.
  • To replace traditional equity and fixed-income investments entirely.
  • To guarantee a positive return regardless of market conditions.

Correct answer: To manage risk and enhance returns through hedging or speculation.

Explanation: Derivatives are versatile instruments used in portfolio management to both manage downside risk (hedging) and potentially enhance returns through strategic speculation.

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