Gostudymock3

Spread Analysis in Three Steps for L3

A quick and dirty review of everything you need for Level 3 including: what spread analysis is, what happens to bonds when spreads widen or narrow, and how to overweight/underweight certain positions. 

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Gostudymock3

The Top 4 Reasons for Bond Market Inefficiency

Secondary bond markets are often inefficient Here are the top four reasons this might be true (for the CFA L3 exam)

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Gostudymock3

Reasons Bond Managers Trade Their Portfolio

In this post we talk about the reasons for secondary trading in the bond market. A potential level 3 question around fixed income could center ask you to identify one or more of these reasons. 

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Gostudymock3

The 3 Key Tax Principles for the CFA Exam

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. 

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Gostudymock3

The Basics around Global Investment Performance Standards (GIPS)

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.

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Gostudymock3

Choosing between Asset-Liability Management and Asset Only approaches

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. 

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Gostudymock3

How the Individual IPS Gets Tested on CFA Level 3

The IPS can make or break your performance on the morning section of L3, and that in turn will determine whether you're going to pass the Level 3 exam. Let's break down how it gets tested and each step of the investment policy statement.

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Gostudymock3

GoStudy Enhancements for L3 Guided Notes between 2015 and 2016

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.

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Gostudymock3

L3 Curriculum changes from 2015 to 2016

A look at curriculum changes from June 2015 to June 2016.

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Gostudymock3

Corner Portfolios on the CFA L3 - What you need to know (and not) since 2018

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.

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