What is “investment parameters section” of an IPS?

CFA Level III Portfolio Management
#1

Came across this term from a not well known third party mock, the answer given was:
Risk tolerance:
Time horizon:
Asset class preference:
Liquidity preference:
Other investment preferences:
Constraints:

However I don’t recall there’s such section from CFA curriculum and they rather look like part of “investment constraints” section.

#2

CFA curriculum Reading 28, section 5.1.2.

The parts of the IPS that we need to know are:

  • Background and Investment Objectives
  • Investment Parameters
  • Portfolio Asset Allocation
  • Portfolio Management
  • Duties and Responsibilities
  • Appendix
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#3

2020 Level III CFA curriculum, reading 28, §5.1.2, pp. 199, 200.

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