Fixed Income Portfolio Management For Cfa Level 3 2016

READING 20. FIXED-INCOME PORTFOLIO MANAGEMENT—PART I AND READING 21. RELATIVE-VALUE METHODOLOGIES

What you'll learn

Complete Fixed Income preparation for CFA L3 in less than 4 hours

Gain confidence in a tough topic like Fixed Income listening to content designed specifically for test preparation

Requirements

CFA Exam material

Financial Calculator as prescribed by the CFA Institute

Description

This course is based on the curriculum of the CFA L3 exam subject_Fixed Income Portfolio Management.Spread over 18 videos and about 4 hours, the course will give students a fair understanding of this subject and help clarify difficult concepts. All the readings and LOSs of Study Session 9 of CLA L3 are explained in these videos.This course includes the elements of the investment management process, such as the consideration of risk, return, and investment constraints, are the same for a fixed-income portfolio as for any other type of portfolio. As part of the process, an appropriate benchmark is selected to serve as a reference for portfolio construction and performance evaluation. For investors taking an asset-only approach, the benchmark is typically a bond market index. For investors with a liability-based approach, performance is measured in terms of the portfolio's ability to meet a set of investor-specific liabilities. The first reading addresses these primary elements of managing fixed-income portfolios and introduces specific portfolio management strategies. The second reading discusses additional relative-value methodologies.Taking this will hep the students complete the perpetration for Fixed Income portfolio management in less than 5 hours, which would otherwise by self study take 20-25 hours!

Overview

Section 1: FIXED-INCOME PORTFOLIO MANAGEMENT— PART I

Lecture 1 Course Introduction

Lecture 2 Bench-marking Bond portfolios

Lecture 3 Bond Index strategies_Part 1

Lecture 4 Bond Indexing Strategies_Part 2

Lecture 5 Bond Indexing

Lecture 6 Aligning Risk Exposures

Lecture 7 Scenario Analysis

Lecture 8 Portfolio Immunisation

Lecture 9 Duration warmup

Lecture 10 Duration

Lecture 11 Aligning dollar duration

Lecture 12 Spread Duration

Lecture 13 Extensions to classical Immunisation

Lecture 14 Immunization Risks

Lecture 15 Risk minimization

Lecture 16 Strategy comparison

Section 2: READING 21. RELATIVE-VALUE METHODOLOGIES FOR GLOBAL CREDIT BOND PORTFOLIO MA

Lecture 17 Relative Value

Lecture 18 Liquidity

Lecture 19 Relative Value Methodologies

Section 3: MOCK TEST_CFA EXAM QUESTIONS FROM PREVIOUS YEARS

Lecture 20 Essay Test

Lecture 21 Bonus Lecture: Coupon codes and Access to free courses

Candidates enrolled for CFA L3,Candidates who have cleared CFA L2 and are deciding upon registration for CFA L3,This course is not suitable for CFA L1 and L2 candidates,This course is also very suitable for those working professionals who are enrolled for CFA L3 but have very less time to study