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时间:2020-03-07
《 2017年CFA一级_思维导图_Portfolio Management.pdf》由会员上传分享,免费在线阅读,更多相关内容在工程资料-天天文库。
1、HPRArithmeticMeanReturnAverageReturnGeometricMeanReturnMoney-WeightedRateofReturnGrossReturnReturnMeasuresPretaxNominalReturnOthersAfter-taxNominalReturnRealReturnLeveragedReturnExpectedReturnSingleInvestmentExpectedReturn,VarianceVarianceofReturnઋPortf
2、olioVarianceandCovarianceofReturnsۅૅR42PortfolioRiskandCovariance&CorrelationReturn:PartIҝગMinimumVarianceFrontierEfficientFrontierGlobalMinimum-VariancePortfolioEfficientFrontier(EF)Risk-AverseModernPortfolioTheoryConceptsRisk-NeutralRiskAversionRisk-Se
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4、harpeRatioCapitalMarketLine(CML)ҸڔিЇ۱߄ङࢵङSharpeRatio=١ুՠङSharpeRatioCMLLendingPortfolioҦBorrowingPortfolioځऀфͧPassiveInvestmentStrategyͨؔУSystematicRiskand੫SystematicRisk—DŽDŽङઋҸڔR43PortfolioRiskandNonsystematicRiskReturn:PartIIҝગҸڔފࣤ=MarketRiskPremi
5、um=E(Rm)-RfCAPMandSMLUndervaluedҦOvervaluedځऀ—ؔџMeasureofRiskSlopeDifferencesbetweenSMLandCMLPortfolioځऀManagementSharpeRatioFornotWell-DiversifiedPortfolioM-SquaredPerformanceEvaluationTreynorRatioIndicatorsForWell-DiversifiedPortfolioJensen'sAlphaѠѾ▲З
6、фୃђুՠङઅچߛरPortfolioPerspectivePlanningStepExecutionStepPortfolioManagementProcess金程教育FeedbackStepIndividuals金程教育R40PortfolioDBPlanManagement:AnBanksঝOverviewEndowments&FoundationsTypesofInvestorsandInsurancePooledInvestmentProductsMutualFundsͧऽଳঝӮލࣔګͨTi
7、meHorizonRiskToleranceࣔګLiquidityNeedsComponentsWillingnessRiskAbilityObjectivesDesiredReturnReturnRequiredReturnR44BasicsofPortfolioLiquidityRequirementPlanningandIPSTimeHorizonConstructionInvestmentConstraintsTaxConcernsLegalandRegulatoryFactorsUniqueC
8、ircumstancesStrategicAssetAllocationAssetAllocationTacticalAssetAllocation金程教育DefinitionRiskManagementFrameworkMarketRiskFinancialRisksCreditRiskIdentifyFinancialandLiquidityRiskNon-FinancialSourcesofRiskOperationalRiskNon
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