问题:[选择题]
A.Lessliquidityandlessemphasisoncapitalappreciation.
B.Lessliquidityandgreateremphasisoncapitalappreciation.
C.Moreliquidityandlessemphasisoncapitalappreciation.
● 参考解析
Investorswithshorttimehorizonsgenerallyhaveagreaterneedforliquidityandlowerrisktolerancebecausetheyhavelesstimetorecoverformanyperformanceshortfalls.Capitalappreciationisanaggressivestrategythatwouldnotbeappropriate.