Throughout the CFA exams , but especially for Level 3, there are three key lessons the test takers want to drive home about taxes and investment returns. Most questions will test your ability to apply these principles, plus they can help you eliminate options on multiple choice questions. This post covers each.
The global investment performance standards, or GIPS, are a set of voluntary ethical and professional standards for the evaluation and presentation of investment results. On the CFA exams they are a semi-important, boring section that are nonetheless always worth a few points. In this article we summarize the basic objectives and key characteristics of GIPS.
Knowing when an institutional investor should choose an asset-liability matching framework or an asset-only approach is vital. Here are the six keys to picking the right approach every time.
GoStudy's CFA Level 3 guided notes improved dramatically from 2015 to 2016. Here's how a series of small changes led to big improvements in our 300 page guide.
You will need to practice corner portfolio problems repeatedly because they will show up on the CFA L3 exam. The good news? The math is straightforward and with practice you should be able to solve these questions quickly and accurately to save time while scoring maximum points.