Ⅰ. Form an investment strategy based on the investment principles and plans formulated by the investment decision-making committee Ⅱ. Build an investment portfolio Ⅲ. Execute trading instructions Ⅳ. Performance evaluation and portfolio adjustment V. Risk control A. Ⅰ, Ⅱ, Ⅲ , Ⅳ, V B. Ⅱ, Ⅲ, V C. Ⅰ, Ⅲ, Ⅳ, V D. Ⅰ, Ⅱ, Ⅳ Reference answer: D Reference analysis: The investment department is responsible for formulating investment portfolios based on the investment principles and plans formulated by the investment decision-making committee specific plans and issue investment instructions to the trading department. In actual operation, the fund manager is responsible for investment decisions, so I and II are correct; the trading department is the specific execution department of the fund investment operation, and is responsible for the review, execution and feedback of investment portfolio trading instructions, so III is wrong; the fund company will regularly communicate with Conduct investment performance evaluations of funds from time to time and provide relevant reports. Based on the performance evaluation results, the fund manager can make appropriate adjustments to the investment strategy and portfolio, so the IV is correct; the task of risk management is not only the responsibility of the risk control and compliance departments, but also the work of investment, market, operations and other departments. part, so V is correct. In summary, this question can only choose options that do not include III, so choose D.