
Chartered Financial Analyst Level 1
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Johnny Lumunon, CFA, presents the investment performance of a 'balanced' account to prospective clients, highlighting its outperformance against the benchmark over the past decade. However, he fails to disclose that this account is the top performer and that half of the firm's 'balanced' accounts underperformed the benchmark during the same period. Lumunon has most likely violated the Standard(s) relating to:
Johnny Lumunon, CFA, presents the investment performance of a 'balanced' account to prospective clients, highlighting its outperformance against the benchmark over the past decade. However, he fails to disclose that this account is the top performer and that half of the firm's 'balanced' accounts underperformed the benchmark during the same period. Lumunon has most likely violated the Standard(s) relating to:
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