Aia - Study guides, Class notes & Summaries

CAIA LEVEL II EXAM STUDY GUIDE

CAIA LEVEL 1 QUESTIONS AND ANSWERS

CAIA Level 2 Questions and Answers 100% AccurateCAIA Level 2 Questions and Answers 100% AccurateCAIA Level 2 Questions and Answers 100% AccurateCAIA Level 2 Questions and Answers 100% AccurateMeta risks are qualitative risks not captured by specific and measurable financial risks. events. - ANSWER-They include organizational and human behavior, moral hazard, the misuse and excessive dependence on quantitative methods, market interaction, and extreme capital market A distressed securities stra...

Samuel Tong, CAIA, has clients who await his recommendation of a particular stock that is about to release earnings. From his office he sends the single recommendation "Sell" to all his clients via a text message that includes the phrase "more info on web." Does this communication violate Standard V(B): Communication with Clients and Prospective Clients? - No A communication may be in capsule form but members should notify clients that additional information and analyses are available f...

CDT Exam questions and Answers 100% Correct Select the entity which is generally assigned the following duties and responsibilities by the Conditions of the Contract: Protection of job site workers and stored materials. A - Architect/Engineer B - Owner C - Contractor D - Varies, as stated in the Supplementary Conditions E - None of the above Reference: PDPG 5.4.1.7 and PDPG 15.12.11; EJCDC C-700 Paras. 7.12 through 7.15; AIA A201 Sections 10.1, 10.2, and 10.4. Also see CCAPG 6.8; CC...

CAIA Level II Exam Questions and Answers 100% VerifiedCAIA Level II Exam Questions and Answers 100% VerifiedCAIA Level II Exam Questions and Answers 100% VerifiedCAIA Level II Exam Questions and Answers 100% Verified What advantage do multi-factor models have over single-factor models, such as the Capital Asset Pricing Model? - ANSWER-Multi-factor models tend to explain systematic returns much better than do single-factor models. By doing so, multi-factor models are generally believed to produc...

CAIA Practice Questions What assets are often characterized as traditional by some and alternatives by others in: hedge funds, private equity, and real assets - Hedge Funds: Liquid alternative mutual funds Private Equity: Closed-end funds with illiquid holdings Real Assets: Public real estate and public equities of corporations with performance dominated by stable positions in real assets 4 major methods of analysis that distinguish the analysis of alternative investments from trad...

CAIA Level 1 Questions and Answers 100% CorrectCAIA Level 1 Questions and Answers 100% CorrectCAIA Level 1 Questions and Answers 100% CorrectCAIA Level 1 Questions and Answers 100% Correct Value of IP Investment - ANSWER-probability of generating large positive cash flows* cash flow expected in year 1 / investors required rate of return -g Operational Risk - ANSWER-In breaking down the impact of operational risks on hedge fund failures, fraud (i.e., lying about investments and/or performance...

CAIA Level II Exam Questions and Answers 100% AccurateCAIA Level II Exam Questions and Answers 100% AccurateCAIA Level II Exam Questions and Answers 100% AccurateCAIA Level II Exam Questions and Answers 100% Accurate 5th percentile vs 25th percentile performance - ANSWER-5th percentile managers outperform in every comparison BUT 25th percentile managers' performance is more volatile --> even if 25th percentile managers outperform they tend to mean revert --> demonstrates the perils of ...