1
Q
Bottom up - Relative
A
Position Marginal Contribution To Tracking Risk
2
Q
Bottom up - Absolute
A
Position Marginal Contribution To Total Risk
3
Q
Top Down - Relative
A
Attribute tracking risk to relative allocation and selection decision
4
Q
Factor Based - Relative
A
Factor Marginal Contribution to tracking risk and active specific risk.
5
Q
Top down - Absolute
A
Factors Marginal Contribution to total risk and specific risk
6
Q
Factor Based - Absolute
A
Factors Marginal Contribution to total risk and specific risk
CFA Level III
flashcards
Decks in class (31)
# Cards
-
Trade Strategy Implementation8
-
Delta Hedging8
-
Investment objective of Option strategy8
-
Durations9
-
Types of Option Strategies27
-
Benchmark for Trade execution - Trading strategy3
-
Wealth Management Terminology5
-
Building Blocks of Portfolio Construction1
-
Performance measure11
-
Payoff Structure for Derivatives6
-
Execution Algorithms12
-
Yield Curve & Business cycle stages9
-
Institutional Investors4
-
Sovereign Wealth Funds5
-
Market Manipulation Tactics9
-
Benchmark quality9
-
Types of benchmarks12
-
Derivatives - Strategies, Skewness and Volatility9
-
Measuring Volatility skew4
-
Strategy selection For Derivatives7
-
Portfolio Rebalancing22
-
Spreads and Economy18
-
Asset Class Specification4
-
Benchmark Segmentation12
-
Biases and Traps6
-
Effective Governance Models Elements13
-
Risk Attribution6
-
NDF12
-
EM risk of high currency inflow2
-
Portfolio construction - Active share and Active risk5
-
Structured Credit (CDO's)5
