CFA level III guidelines answers 2016
➤ Gửi thông báo lỗi ⚠️ Báo cáo tài liệu vi phạmNội dung chi tiết: CFA level III guidelines answers 2016
CFA level III guidelines answers 2016
LEVEL IIIQuestion:#1Topic:Institutional PMMinutes:20Reading References:# 13 - “Managing Institutional Investor Portfolios." by R. Charles Tschampion, CFA level III guidelines answers 2016 CFA, Laurence B. Siegel, Dean J. Takahashi, and John L. Maginn. CFALOS:The candidate should be able to:a.contrast a defined-benefit plan to a defined-contribution plan and discuss the advantages and disadvantages of each from the perspectives of the employee and the employer;b.discuss investment ob CFA level III guidelines answers 2016 jectives and constraints for defmed-benefit plans;c.evaluate pension fund risk tolerance when risk is considered from the perspective of the 1) plan sCFA level III guidelines answers 2016
urplus. 2) sponsor financial status and profitability. 3) sponsor and pension fund common risk exposures. 4) plan features, and 5) workforce characterLEVEL IIIQuestion:#1Topic:Institutional PMMinutes:20Reading References:# 13 - “Managing Institutional Investor Portfolios." by R. Charles Tschampion, CFA level III guidelines answers 2016 ets;f.prepare an investment policy statement for a participant directed defined-contribution plan;g.discuss hybrid pension plans (e.g., cash balance plans) and employee stock ownership plans;h.distinguish among various types of foundations, with respect to their description, purpose, and source of f CFA level III guidelines answers 2016 unds;i.compare the investment objectives and constraints of foundations, endowments, insurance companies, and banks;j.discuss the factors that determiCFA level III guidelines answers 2016
ne investment policy for pension funds, foundation endowments, life and non-life insurance companies, and banks:k.prepare an investment policy statemeLEVEL IIIQuestion:#1Topic:Institutional PMMinutes:20Reading References:# 13 - “Managing Institutional Investor Portfolios." by R. Charles Tschampion, CFA level III guidelines answers 2016 of institutional investors;m.compare the asset'liability management needs of pension funds, foundations, endowments, insurance companies, and banks;n.compare the investment objectives and constraints of institutional investors given relevant data, such as descriptions of their financial circumstance CFA level III guidelines answers 2016 s and attitudes toward risk.© 2016 CFA Institute. All rights reserved. 2016 Level III Guideline AnswersMorning Session - Page 1 of 49Level IIIAnswer QCFA level III guidelines answers 2016
uestionon This Page1-A. Calculate die return requirement to fully fund each subscription option. Determine which subscription option is most appropriaLEVEL IIIQuestion:#1Topic:Institutional PMMinutes:20Reading References:# 13 - “Managing Institutional Investor Portfolios." by R. Charles Tschampion, CFA level III guidelines answers 2016 rns, for the return requirement calculations.BasicThe investable base after payment of the one-time immediate initiation fee is: Investable base Ito = USD 21.000.000 - USD 500.000 = USD 20.500.000The return requirement is calculated using the sum of the annual subscription expense as a percentage of CFA level III guidelines answers 2016 the investable base, the management fees, and total price inflation.USD 800.000. USD 20.500.000 = .0390 = 3.9%Return requirement Biw = 3.9%+ 0.5% + 2CFA level III guidelines answers 2016
% +1% = 7.4%PremiumThe investable base after payment of the one-time immediate initiation fee is: Investable baseptaton = USD 21,000,000 - USD 1,000,0LEVEL IIIQuestion:#1Topic:Institutional PMMinutes:20Reading References:# 13 - “Managing Institutional Investor Portfolios." by R. Charles Tschampion, LEVEL IIIQuestion:#1Topic:Institutional PMMinutes:20Reading References:# 13 - “Managing Institutional Investor Portfolios." by R. Charles Tschampion,Gọi ngay
Chat zalo
Facebook