An analyst is checking the information form his two clients William and Robert. William has been retired and is primarily concerned with achieving an investment return no less than the rate of inflation. Jules York is just in this mid-age and primarily concerned with his portfolio long term prospects setting a proper balance between capital gains and current income. Which of the following investment objectives is most appropriate for William and Robert, respectively William Robert ()
A. Current income Total return
B. Current income Capital appreciation
C. Capital preservation Total return
参考答案:C
解析:
Capital preservation is the objective of earning a return on an investment that is at least equal to the inflation rate. Total return is the objective of having a portfolio grow in value to meet a future need through both capital gains and the reinvestment of current income.