› CFA › CFA Level 3 › spending rule and risk tolerance Search for:Search Button CFAFRMCAIACareersLounge GeneralLevel 1Level 2Level 3 spending rule and risk tolerance Add A Reply Login Sign Up This topic has 6 replies, 4 voices, and was last updated Apr-172:40 pm by sankrutimehta. Author Posts FeelscapeParticipant 21 Apr 2017 at 8:35 am Up4:: Increase r.t AjFinanceParticipant 21 Apr 2017 at 9:06 am Up4:: Increases the Risk Tolerance. Smoothed returns means that the endowment is less affected by sudden market movements, and therefore less likely to experience a sudden increase in contribution. FeelscapeParticipant 21 Apr 2017 at 12:43 pm Up4:: (it reduce volatility of spending!) sankrutimehtaParticipant 21 Apr 2017 at 5:36 am Up2:: @Sophie: its for an endowment. So no willingness here..just the tolerance (institutional wealth management) Sophie MaconKeymaster 21 Apr 2017 at 3:33 am Up1:: ability or willingness for risk tolerance? sankrutimehtaParticipant 21 Apr 2017 at 2:40 pm Up1:: @Feelscape @AjFinance: Thanks a ton Author Posts Viewing 5 reply threads You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Register Log In