CAIA Level I Practice Questions - CAIA Level I - Chartered Alternative Investment Analyst Exam

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Under the CAIA Code of Ethics, which of the following is a primary fiduciary duty that alternative investment professionals owe to their clients?

Maximize short-term returns regardless of risk Place client interests above personal interests and act with loyalty and care Guarantee investment performance through contractual agreements Disclose all client information to third-party vendors

Correct Answer:

Place client interests above personal interests and act with loyalty and care

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