NISM 21B Portfolio Managers Exam Notes

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  • Time-Based Rebalancing: Fixed intervals, e.g., quarterly.
  • Portfolio Drift: Deviation from target allocations.
  • Risk Management: Rebalancing maintains risk levels.
  • Client Communication: Updates on portfolio changes.
  • Tax Considerations: Rebalancing may trigger taxes.

NISM 21B Portfolio Managers

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