2013 schweser kaplan cfa level 3 study notes

... Index 2 53 Trang 3SCHWESERNOTES™ 2013 CFA LEVEL III BOOK 4: ALTERNATIVE INVESTMENTS, RISK MANAGEMENT, AND DERIVATIVES ©20 12 Kaplan, Inc All rights reserved Published in 20 12 by Kaplan Schweser ... presented in Reading 3 1 of the 2013 CFA Level III exam curriculum Empirical results are referenced in Trang 10Study Session 1 3 Cross-Reference to CFA Institute Assigned Reading #31 -Alternative ... The Schweser Notes should be used in conjunction with the original readings as set forth by CFA Institute in their 2013 CFA Level III Study Guide The information contained in these Notes covers

Ngày tải lên: 28/03/2018, 16:42

... Disclaimer: The Schweser Notes should be used in conjunction with the original readings as set forth by CPA Institute in their 2013 CPA Level III Study Guide The information contained in these Notes covers ... presented in Reading 39 of the 2013 CFA Level III curriculum Trang 11THE EFFECTIVE SPREAD LOS 39.b: Calculate and interpret the effective spread of a market order and CFA® Program Curriculum, ... set forth by CFA Institute S TU D Y SESSION 16 Reading Assignments Execution of Portfolio Decisions; Monitoring and Rebalancing, CFA Program 2013 Curriculum, Volume 6, Level III 39 Execution

Ngày tải lên: 28/03/2018, 16:43

... Index 264 Trang 3Page 2 SCHWESERNOTES™ 2013 CFA LEVEL III BOOK 2: INSTITUTIONAL INVESTORS, CAPITAL MARKET EXPECTATIONS, ECONOMIC CONCEPTS, AND ASSET ALLOCATION ©20 12 Kaplan, Inc All rights ... The Schweser Notes should be used in conjunction with the original readings as set forth by CFA Institute in their 2013 CFA Level III Study Guide The information contained in these Notes covers ... in 20 12 by Kaplan Schweser Printed in the United States of America ISBN: 978-1-4277-4239-1 I 1-4277-4239-1 PPN: 3200-2856 If this book does not have the hologram with the Kaplan Schweser logo

Ngày tải lên: 28/03/2018, 16:43

... The Schweser Notes should be used in conjunction with the original readings as set forth by CFA Institute in their 2013 CFA Level III Study Guide The information contained in these Notes covers ... Management, CPA Program 2013 Curriculum, Volume 4, Level III STUDY SESSION 12 Reading Assignments Equity Portfolio Management, CPA Program 2013 Curriculum, Volume 4, Level III 28 Corporate Performance, ... materials: "Copyright, 2012, CFA Institute Reproduced and republished from 2013 Learning Outcome Statements, Level I, II, and III questions from CFA ® Program Materials, CFA Institute Standards of

Ngày tải lên: 28/03/2018, 16:43

... ALTERNATIVE INVESTMENTS,StudySession13- Alternative Investments for PortfolioManagement 8 StudySession15-Risk Management Applications ofDerivatives 89 Trang 2SCHWESERNOTES™2015 CFALEVELIII BOOK4:ALTERNATIVEINVESTMENTS, ... recordcan continuetoperformwell enoughtotrulyearnthe higher fees ©2014 Kaplan,Inc. Page 32 Trang 33StudySession 13 Cross-Reference to CFA InstituteAssigned Reading #25 -Alternative Investments Portfolio ... return,standard ©2014 Kaplan,Inc. Page 22 Trang 23StudySession 13 Cross-Reference to CFA InstituteAssigned Reading #25- Alternative Investments Portfolio Managementdeviation,and Sharperatiowere13.46%,5.71%,and1.61,respectively

Ngày tải lên: 04/02/2018, 21:05

... aspresentedin Reading30 of the2015CFA Level III curriculum. Trang 9StudySession 16 Cross-Reference to CFA InstituteAssigned Reading#30-Execution of Portfolio DecisionsTHEEFFECTIVESPREAD LOS30.b:Calculateand ... The Schweser Notes should be used in conjunction with the original readings as set forth by CFA Institute in their 2015 CFA Level III Study Guide The information contained in these Notes covers ... Self-Test-GlobalInvestmentPerformance Standards 215 Trang 2SCHWESERNOTES™ 2015CFA LEVEL III BOOK5:TRADING, MONITORING,ANDREBALANCING;PERFORMANCE EVALUATION, AND GLOBALINVESTMENTPERFORMANCESTANDARDS ©2014 Kaplan,Inc.All rights reserved

Ngày tải lên: 28/03/2018, 16:59

... Management 63 StudySession 8 -AssetAllocation and RelatedDecisions Trang 2SCHWESERNOTES™ 2015 CFALEVEL IIIBOOK2:INSTITUTIONAL©2014 Kaplan,Inc.All rightsreserved Publishedin2014 by Kaplan,Inc Printedinthe ... ISBN:978-1-4754-2784-4/1-4754-2784-0 PPN:3200-5563 If this book does not have the hologram with the Kaplan Schweser logo on the back cover, it was distributed without permission of Kaplan Schweser, a Division of Kaplan, Inc., ... The Schweser Notes should be used in conjunction with the original readings as set forth by CFA Institute in their 2015 CFA Level III Study Guide The information contained in these Notes covers

Ngày tải lên: 28/03/2018, 17:04

... or sponsored these Notes. Trang 3WELCOME TO THE 2015 LEVEL IIISCHWESERNOTES™ Thankyoufor trusting Kaplan Schwesertohelpyoureachyourgoals.Wecanhelpyou preparefor the Level III CFA Exam and have ... andJaredHeintz,leadeditor;for theircontributionstothe2014LevelIIISchweserNotesTMfor the CFA Exam Timetohit the books,DavidHetherington DavidHetherington,CFA VP and CFA Level III managerKaplan Schweser Trang 7Exam TopicWeights1 ... ISBN:978-1-4754-2783-7/1-4754-2783-2PPN:3200-5562 If this book does not have the hologram with the Kaplan Schweser logo on the back cover, it was distributed without permission of Kaplan Schweser, a

Ngày tải lên: 16/08/2018, 14:34

... riskassets. B Inabalanced fund with stocks and bonds C Usingtargetdate funds 3 4 Trang 30Study Session 3Cross-Reference to CFA InstituteAssigned Reading#8-Behavioral Finance and Investment Processes ... industry convention aspresentedinReading8 of the 2015 CFA Level III exam curriculum. ©2014 Kaplan,Inc. Page 212 Trang 375 Asignificantpercentageof Level III candidates find thissectionfrustrating ... approachissuggested,but low prioritygoalscan be funded withhigherrisk assets. Trang 32Study Session 3Cross-Reference to CFA InstituteAssigned Reading#8-Behavioral Finance and Investment Processes Hindsightbias

Ngày tải lên: 16/08/2018, 14:34

... hiscontributions to the 2018 Level III SchweserNotes™ for the CFA Exam Time to hit the books, David Hetherington David Hetherington, CFA VP and Level III CFA manager Kaplan Schweser Exam Topic Weights ... or integrity of CFA Institute or the CFA designation or the integrity, validity, or security of CFA Institute programs B Reference to CFA Institute, the CFA Designation, and the CFA Program. When ... Trang 3Table of Contents1 Getting Started Flyer 2 Table of Contents 3 Page List 4 Book 1 – Ethical and Professional Standards and Behavioral Finance 5 Welcome to the 2018 Level III SchweserNotes™

Ngày tải lên: 05/09/2018, 17:11

... return: 30 / 1,000 = 3.00%. 2 Then add inflation for the nominal, after-tax return: 3.00% + 2.00% = 5.00%. Trang 313 Last gross up for taxes to calculate the nominal, pretax return: 5.00% / (1 – 0.30) ... for Institutional Investors, CFA Program 2018 Curriculum, Volume 2, Level III 13 Managing Institutional Investor Portfolios LEARNING OUTCOME STATEMENTS (LOS) The CFA Institute learning outcome ... STUDY SESSION 5 Reading Assignments Private Wealth Management (2), CFA Program 2018 Curriculum, Volume 2, Level III 11 Concentrated Single-Asset Positions 12 Risk Management for Individuals STUDY

Ngày tải lên: 05/09/2018, 17:11

... forth by CFA Institute. STUDY SESSION 12 Reading Assignments Equity Portfolio Management, CFA Program 2018 Curriculum, Volume 4, Level III 25 Equity Portfolio Management STUDY SESSION 13 Reading ... (floating-rate) loan 2 LOS 30.b: Calculate and interpret the duration of an interest rate swap 3 LOS 30.c: Explain the effect of an interest rate swap on an entity’s cash flowrisk 4 LOS 30.d: Determine ... Management, CFA Program 2018 Curriculum, Volume 5, Level III 26 Alternative Investments Portfolio Management Risk Management Applications of Derivatives, CFA Program 2018 Curriculum, Volume 5, Level

Ngày tải lên: 05/09/2018, 17:12

... forth by CFA 31 Execution of Portfolio Decisions 32 Monitoring and Rebalancing STUDY SESSION 17 Reading Assignments Performance Evaluation, CFA Program 2018 Curriculum, Volume 6, Level III 33 Evaluating ... 8 LOS 33.h: Discuss the validity of using manager universes as benchmarks 9 LOS 33.i: Evaluate benchmark quality by applying tests of quality to a variety of possible benchmarks 10 LOS 33.j: Discuss ... investment managers 2 LOS 33.b: Explain the following components of portfolio evaluation: performance measurement, performance attribution, and performanceappraisal 3 LOS 33.c: Calculate, interpret,

Ngày tải lên: 05/09/2018, 17:12

... those securities Practice: Example 8, Volume 6, Reading 33 Practice: Example 7, Volume 6, Reading 33 Practice: Example 6, Volume 6, Reading 33 Trang 5It is essential to use appropriate data collection ... external cash flows to an account Practice: Example 5, Volume 6, Reading 33 Practice: Example 3 & 4, Volume 6, Reading 33 Trang 44.5 TWR versus MWR 1)TWR represents the growth of a single unit ... Institute(BAI)study strongly approves the use of the total rate of return as the only valid measure of investment performance Practice: Example 1 & 2, Volume 6, Reading 33 Trang 34.3 The Time-Weighted

Ngày tải lên: 18/10/2021, 16:13

... Portfolio ($ Thousands) Beginning assets (28 February) 134.60 99.23 113.22 110.10 457.15 External cash flows: Trang 11FinQuiz Question ID: 9143 13.Based on the sources identified by Gerard, which ... ID: 9130 12.Using the information for Travis’s portfolio provided in the exhibit, the return for the client’s portfolio under the Modified Dietz method is closest to: A 11.35% B 3.17% C 3.08% ... to: A 11.35% B 3.17% C 3.08% Trang 9FinQuiz Item-set ID: 9142 Questions 13(9143) through 18(9148) relate to Reading 34 Bedrock Investment Associates (BIA) Case Scenario Bedrock Investment

Ngày tải lên: 18/10/2021, 16:13

... Transactions Referral Fees Responsibilities as a CFA Institute Member or CFA Candidate Conduct in the CFA Program Reference to CFA Institute, CFA Designation, and CFA Program QUANTITATIVE METHODS Machine ... Responsibilities as a CFA Institute Member or CFA Candidate A Conduct as Participants in CFA Institute Programs B Reference to CFA Institute, the CFA Designation, and the CFA Program GLOBAL INVESTMENT ... profits U.S $29.00 © 2018 Kaplan, Inc All Rights Reserved Trang 7CFA ® LEVEL I SMARTSHEET 2018 CRITICAL CONCEPTS FOR THE CFA EXAM Trang 8Wiley © 2018efficientlearning.com/cfa ETHICAL AND PROFESSIONAL

Ngày tải lên: 23/05/2019, 08:56

... endorsed or sponsored Schweser study tools. Trang 12The Secret Sauce is a summary of the high points in the Level III CFA®Curriculum It builds on the 2018 Level III SchweserNotes™ It is best used ... readings as set forth by CFA Institute in their 2018 Level III CFA® Study Guide The information contained in these materials covers topics contained in the readings referenced by CFA Institute and is ... Level I, II, and III questions from CFA® Program Materials, CFA Institute Standards of Professional Conduct, and CFA Institute’s Global Investment Performance Standards with permission from CFA

Ngày tải lên: 12/06/2019, 16:50

... if pairs are (200, 0.25; 150, 0.40; 30, 0.35) and (200, 0.3; 150, 0.40; -50 0.3), they will be simplified as (200, 0.25; 30, 0.35) and (200, 0.30; -50, 0.30) that distinguish prospects effect ... the price reaches the resistance level, which is maximum price level and a sell signal is generated when the price reaches the support level which is minimum price level o However, in practice, ... an individual’s utility function may vary depending on the level of wealth and circumstances 1 At both low and high wealth (income) level, utility functions tend to exhibit concave shape, reflecting

Ngày tải lên: 18/10/2021, 16:09

... particularly if the individual has inherited wealth; are at their lowest level and financial uncertainty is at its highest level; needs; 2 Accumulation stage: It is associated with two stages ... layered pyramids of assets where each layer is associated with specific goals and constraints 3.2.3) Personality Typing Personality typing involves categorizing investors into specific investor ... with current assets and risk tolerance level, then either he needs to modify his low and intermediate-priority goals or may have to accept somewhat higher level of risk, provided that he has the

Ngày tải lên: 18/10/2021, 16:10

... 1 10,000 23,000 0.20 (10,000) 23,000 50,000 0.25 (23,000 –10,000) =3,250 • 3,250 + 2,000 = 5,250 35 50,000 70,000 0.35 (50,000 -23,000) = 9,450 • 9,450 + 5,250 = 14,700 38 70,000 0.38 (70,000 ... capital accumulation = ($281.57 – $234.06) = $47.51 Tax drag (%) on capital accumulation= ($281.57 – $234.06) / ($281.57 – $150) = $47.51 / $131.57 = 0.3611 = 36.11%
This rate is greater than ... investment horizon at tax rate of 30% Then, FVIFi = $150 × [(1 + 0.065) 10 (1 – 0.30) + 0.30] = $242.099 Value of a capital gain tax deferral = $242.099 – $234.06 = $8.039 A deferred capital gain environment

Ngày tải lên: 18/10/2021, 16:10