Single representative Account

Why below is an incorrect (answer in CFA Practice Ques):

A weighted composite of all client accounts must be included in client presentations.

Under the Performance Presentation it is recommended that: Wtd composite of similar portfolios, not single representative account

Take my word for it: all of the portfolios managed to this mandate performed as well as Bob’s did.

Would I lie to you?

:slight_smile: yes i agree.

i was in bottom 10%ile in Ethics section of level 1.

and looking at my practice scores…I really need some help here…not sure if other candidates have any secret sauce for this :frowning: