CFA Level 3 Flashcards

Decks in this Class (17):

• Capital Market Expectations

  Capital Market Expectations

  Sample Cards:

  discuss the framework for developing cap,

  what are the three qualities of a good f,

  given n asset classes quantify set of fi
  73 Cards
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• Behavioral Finance

  Behavioral Finance

  Sample Cards:

  bounded rationality,

  which theory assume risk aversion,

  which theory assumes loss aversion
  88 Cards
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• Private Wealth Management

  Private Wealth Management

  Sample Cards:

  how does the source of wealth affect an,

  how does a client s measure of wealth af,

  how does the stage of life affect an ind
  83 Cards
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• Economic Concepts

  Economic Concepts

  Sample Cards:

  what are the disadvantages of the fed mo,

  what is the assumption made by the fed m,

  what is the assumption made by the yarde
  17 Cards
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• Asset Allocation

  Asset Allocation

  Sample Cards:

  explain the function of strategic asset,

  discuss the role of strategic asset allo,

  compare strategic and tactical asset all
  37 Cards
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• Fixed Income Portfolio Management

  Fixed Income Portfolio Management

  Sample Cards:

  discuss the criteria for selecting a ben,

  describe stratified sampling,

  describe effective duration
  58 Cards
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• Equity Portfolio Management

  Equity Portfolio Management

  Sample Cards:

  what is semiactive equity management,

  what is the information ratio,

  rank lowest to highest the equity invest
  55 Cards
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• Alternative Investments

  Alternative Investments

  Sample Cards:

  what are common features of alternative,

  how can alternative investments be group,

  what are the major due diligence checkpo
  48 Cards
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• Risk Management

  Risk Management

  Sample Cards:

  list specific risk that must be monitore,

  what is the process for risk management,

  what steps must be taken to adjust the r
  31 Cards
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• Currency Management

  Currency Management

  Sample Cards:

  what are the arguments made for not hedg,

  what is the argument for active manageme,

  what are the general currency management
  12 Cards
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• Risk Management Options Strategies

  Risk Management - Options Strategies

  Sample Cards:

  what is the bull spread strategy,

  what is a bear spread strategy,

  what is a butterfly spread strategy
  15 Cards
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• Risk Management Swaps

  Risk Management - Swaps

  Sample Cards:

  what is the duration of a swap floating,

  demonstrate how a firm can use a currenc,

  what is a payer swaption
  4 Cards
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• Execution Of Portfolio Decisions

  Execution of Portfolio Decisions

  Sample Cards:

  what is the effective spread for a buy o,

  what is the effective spread for a sell,

  what is a quote driven market
  37 Cards
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• Monitoring And Rebalancing

  Monitoring and Rebalancing

  Sample Cards:

  what are the benefits of rebalancing,

  what are the cost of rebalancing,

  define calendar rebalancing and list its
  10 Cards
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• Portfolio Performance

  Portfolio Performance

  Sample Cards:

  explain the importance of performance ev,

  explain the importance of performance ev,

  explain the components of portfolio eval
  20 Cards
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• Gips

  GIPS

  Sample Cards:

  what is the compliance statement used to,

  how frequently are portfolios required t,

  what are the gips calculation methodolog
  11 Cards
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• Ethics

  Ethics

  Sample Cards:

  what are the 7 main categories for the s,

  what are the sub categories of professio,

  what are the sub categories of integrity
  8 Cards
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