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SIE: Risk & Portfolio Management
SIE practice questionhardMarket risk

Which risk remains even when a portfolio is well-diversified across sectors and asset classes?

  1. AConcentration risk
  2. BCredit risk
  3. CMarket risk✓ Correct answer
  4. DBusiness risk
Explanation

Why CMarket risk

Market risk (systematic risk) cannot be diversified away; all assets are affected by market-wide events. The other risks can be minimized through diversification.

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