Tutorial lessons
MODULE 10 — Portfolio Construction (renamed from Portfolio Management)
Browse the lessons available in this tutorial category.
Lessons
Tutorial lessons
PM 1 Portfolio Risk and Return: Part I
Building an optimal portfolio from asset risk, return, and correlation, then matching it to an investor’s risk aversion. Check-yourself items are study aids. Historical Return and Risk Before lo
PM 2 Portfolio Risk and Return: Part II
CFA LEVEL 1 · PORTFOLIO MANAGEMENT Portfolio Risk and Return: Part II How the risk-free asset, the market portfolio, and beta combine to price expected return. Check-yourself items are study ai
PM 3 Portfolio Management: An Overview
Why investors think in portfolios, how the management process runs, who the main investor types are, and the products that pool their money. Check-yourself items are study aids. The Portfolio Approach
PM 4 Basics of Portfolio Planning and Construction
How an investment policy statement turns a client’s goals and constraints into a strategic asset allocation. Check-yourself items are study aids. The Investment Policy Statement Before any money
PM 5 The Behavioral Biases of Individuals
How cognitive errors and emotional biases shape investor decisions and shift market behavior. Check-yourself items are study aids. How Behavioral Biases Are Categorized Standard finance theory picture
PM 6 Introduction to Risk Management
How organizations and individuals define, measure, and adjust the risks they take. Check-yourself items are study aids. The Risk Management Process Risk, in the broadest sense, is exposure to uncertai