n NISM Certifications
NSM General NISM
Medium

What document is signed between the investor and PMS provider during onboarding?

Practice question from CWM A B1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Loan Agreement

  2. B

    Insurance Policy

  3. C

    Trading Invoice

  4. Portfolio Management Agreement

    Correct answer

Why this is the answer

A Portfolio Management Agreement defines the rights, responsibilities, and operating framework between the PMS provider and the investor.

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