Individual Portfolio Management is covered in Study Sessions 4 and 5. The table below summarizes what concepts were tested between 2011 and 2015.
|
Year
|
Q#
|
Concepts tested
|
|
2015
|
7
|
Calculate bequest amount, calculate gift amount, ability to take risk, liquidity and time horizon constraints.
|
|
2014
|
1
|
Risk tolerance, liquidity requirement, post retirement portfolio value, calculate portfolio’s % return after tax.
|
|
2014
|
2
|
Options strategy to reduce wealth concentration and defer taxes, reduce cost of hedging, cashless collar,
forward conversion with options strategy.
|
|
2013
|
1
|
Calculate after tax required return, ability to take risk, calculate liquidity requirement, portfolio selection based on objectives and constraints.
|
|
2013
|
2
|
Estate planning, benefits of trust, gift vs bequest, generation skipping.
|
|
2012
|
1
|
Calculate required return, ability to take risk, earnings and financial market risk, liquidity and time horizon constraints, human capital.
|
|
2012
|
2
|
Tax considerations, accrual equivalent returns.
|
|
2011
|
1
|
Behavioral biases, estate planning
|
|
2011
|
2
|
Calculate after tax nominal return, risk tolerance, liquidity and time horizon constraints, Monte Carlo simulation model.
|