Mukasa serves as a trustee of Channel’s defined-benefit pension plan. The plan is legally distinct from Channel’s assets. The company has made contributions sufficient to maintain a fully funded status. It is a tax-exempt fund and must hold 20% of its assets in domestic government bonds in order to maintain its tax-exempt status. The plan’s key objective is to meet current and future pension obligations. The plan’s current allocation is 60% global equities, 20% domestic government bonds, 15% domestic corporate bonds, and 5% cash. (2020 mock PM)
Which approach is least relevant to a strategic allocation for Channel’s pension plan?
选项：
A.
Shortfall risk.
B.
Heuristic approach.
C.
Surplus optimization
题目中已经说了The company has made contributions sufficient to maintain a fully funded status.那不是应该不存在shortfall risk吗？
