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QUESTION 30 Reconstitution is describe accurately in all the following statements except: a. Reconstitutions are made to...

QUESTION 30

Reconstitution is describe accurately in all the following statements except:

a. Reconstitutions are made to reflect changes such as mergers, acquisitions and the like.

b. Reconstitutions are made to ensure that the weights assigned to each security is maintained.

c. Reconstitutions are made to reflect changes in the choices of securities by the overseeing management of the index.

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b. Reconstitutions are made to ensure that the weights assigned to each security is maintained.

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