It is currently 18 Oct 2017, 23:17

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Asset allocators create portfolios, often in the form of

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
GMAT Club Legend
Joined: 15 Dec 2003
Posts: 4285

Kudos [?]: 527 [0], given: 0

Asset allocators create portfolios, often in the form of [#permalink]

Show Tags

09 Sep 2004, 19:17
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions

HideShow timer Statistics

Asset allocators create portfolios, often in the form of mutual funds, with the intention to turn in good results in both "bull" and "bear" markets.
A) with the intention
B) the intention of which is
C) intended
D) and intending
E) so intended as
_________________

Best Regards,

Paul

Kudos [?]: 527 [0], given: 0

Manager
Joined: 05 Sep 2004
Posts: 97

Kudos [?]: 5 [0], given: 0

Show Tags

09 Sep 2004, 20:03
dj wrote:
C.

Asset allocators intended...

It's actually "Asset allocators create..."

The problem with B is that you're not sure what which is referring to: mutual funds or portfolios. Same problem with C: what is intended qualifying? Mutual funds or portfolios?

Typically, intention is associated with a person or a process. It's reasonable to assume that, in this case, the asset allocators (= asset manager) have intentions.

Simplify as follows:

Asset allocators create portfolios with the intention to produce good results in ....

Compare with a similar structure:

Asset allocators create portfolios with the motivation to produce good results in ....

A appears to be the best answer.

Kudos [?]: 5 [0], given: 0

Director
Joined: 13 Nov 2003
Posts: 958

Kudos [?]: 173 [0], given: 0

Location: Florida

Show Tags

09 Sep 2004, 20:24
consider this:

asset allocators create portfolios which are intended to strive.

Kudos [?]: 173 [0], given: 0

Manager
Joined: 05 Sep 2004
Posts: 97

Kudos [?]: 5 [0], given: 0

Show Tags

09 Sep 2004, 21:11
dj wrote:
consider this:

asset allocators create portfolios which are intended to strive.

Yes, but throw in an additional noun:

Asset allocators create portfolios, with the help of analysts, which are intended to perform well.

Who is intended to perform well? Portfolios or analysts?

Kudos [?]: 5 [0], given: 0

Senior Manager
Joined: 16 Aug 2004
Posts: 320

Kudos [?]: 52 [0], given: 0

Location: India

Show Tags

10 Sep 2004, 03:58
My choice is option A.
I find nothing wrong with the question stem.

Kudos [?]: 52 [0], given: 0

GMAT Club Legend
Joined: 15 Dec 2003
Posts: 4285

Kudos [?]: 527 [0], given: 0

Show Tags

10 Sep 2004, 05:21
OA is C
A sounds as if it were the "portfolio" which has some intention
C corrects for that and makes sure that it is the "portfolio" which are intended...
_________________

Best Regards,

Paul

Kudos [?]: 527 [0], given: 0

Director
Joined: 31 Aug 2004
Posts: 606

Kudos [?]: 147 [0], given: 0

Show Tags

10 Sep 2004, 08:52
Is "with the attention XX" an idiom ? XX = to, for ??

Could the noun intention be related to a fund or is it only appropriate for alive species ?

Kudos [?]: 147 [0], given: 0

10 Sep 2004, 08:52
Display posts from previous: Sort by

Asset allocators create portfolios, often in the form of

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

 Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.