This introduction to portfolio management theory lays out the different types of investor characteristics and their implications for portfolio construction. This series also teaches the basics of fixed income, equity and money market securities.
Who should take this course:
Junior portfolio managers, money managers, research analysts, client services staff, consultants, individual and institutional investors, private bankers and financial advisors, research staff members of pension boards and plan sponsors.
Prerequisites:
None
Training Hours/CPE Credits:
7
Modules
The Institutional Investor
Module Code
:
inve_1043
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module will start by explaining the portfolio management process, then describe the different types of investors and the investment instruments they use.
It will be concentrating on only one type of investor: the institutional investor.
Learning Objectives:
After completing this module, you'll be able to:
Define portfolio management and the portfolio management process
Identify institutional investors and their specific characteristics
Identify different types of investment instruments used by institutional investors
The Individual Investor
Module Code
:
inve_1044
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module deals with characterizing individual investors and identifying their objectives.
Learning Objectives:
After completing this module, you'll be able to:
Apply the Five-Way Model to analyze and understand prospective clients and their needs
Help individuals determine how much risk they can assume by examining portfolio goals
Compare traits of individual and institutional investors
Money Markets and Portfolio Management
Module Code
:
inve_1045
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module will take a look at the products in which fund managers invest. Keep in mind, the skill of the fund manager is not only in being able to pick a winning portfolio, but to choose investments that match the investor's profile.
Learning Objectives:
After completing this module, you'll be able to do:
Compare and contrast different types of money market funds, and discuss the specific advantages and disadvantages of each
Calculate the bank discount basis and bond equivalent yields on a Treasury Bill
Select the best investment vehicle to meet a hypothetical client's needs
Managing Portfolios with Bonds
Module Code
:
inve_1046
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module deals with managing portolios with debt instruments.
Learning Objectives:
After completing this module, you'll
be able to:
Describe the characteristics of long-term debt instruments
Define key terms related to the bond market
Identify the major types of domestic bonds
Assess the utility of different debt instruments
Describe bond ratings
Explain how bond issuers enhance credit ratings
Managing Portfolios with Equities
Module Code
:
inve_1047
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module covers the managents of portfolios with equity securities. Covering securities in general, it will concentrate on the measures used to decide if a company is an attractive investment.
Learning Objectives:
After completing this module, you'll be able to:
Define key terms used in the securities market
Compare and contrast two types of analysis
Identify factors affecting share price
Apply four basic measures to determine the accuracy of stock prices
Identify companies that are attractive investments
Portfolio Theory: Risk and Return
Module Code
:
inve_1053
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module covers the following topics: Risk, and the role it plays in portfolio management; The relationship between risk and return; and widely-used risk measurement techniques.
Learning Objectives:
After completing this module, you'll be able to:
Define risk, and discuss the role it plays in portfolio management
Explain the relationship between "risk" and "return"
Measure risk on a single investment asset using variance and standard deviation techniques
Measure the risk on a portfolio using covariance and correlation techniques
Portfolio Theory: Portfolio Monitoring
Module Code
:
inve_1054
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module covers monitoring portfolio performance — understanding the progress your portfolio is making towards achieving of the goals and objectives of your organization.
Learning Objectives:
After completing this module, you'll be able to:
Describe alternative portfolio monitoring strategies.
Identify actions that can be taken to rebalance a portfolio.
Use different methods to evaluate portfolio returns.
Assess whether your client's overall investment objectives have been met.
