Adam Green, a portfolio manager, is making a presentation to a prospective client.

Vendor: CMT Association
Product: CMT-Level-II
Update on: Jul 30, 2025
Questions: 262

CMT Association CMT-Level-II Question Answer

Adam Green, a portfolio manager, is making a presentation to a prospective client. Green says that as a new portfolio manager, he made an average annual rate of return of 40% in the last two years at his previous firm

and that based on this, he can guarantee a 40% return to the client. Which of the following statements is in accordance with Standard III(D), Performance Presentation?

Implying that he can guarantee a return.

Stating his past performance as long as it is fact.

Imputing his past performance to future performance.

Implying that he can guarantee a return based on just 2 years of performance.