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answerhappygod
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Portfolios -

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Portfolios -

A. can be switched from one composite to another at any time at the discretion of the investment manager.
B. can never be switched from one composite to another, so managers must ensure they consult their clients and make appropriate choices.
C. must not be switched from one composite to another unless documented changes in client guidelines make switching appropriate.
D. can only be switched from one composite to another at the end of a performance period and only if documented changes in client guidelines make switching appropriate.
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