Performance evaluation is covered in Study Session 17. The table below summarizes what concepts were tested between 2010 and 2015 essay exams.
|
Year
|
Q#
|
Concepts tested
|
|
2010
|
9
|
Selection of benchmark index, active value addition.
|
|
2011
|
9
|
Performance attribution, sector allocation returns.
|
|
2013
|
11
|
Decomposing return into style and active return, selection of fund on a
risk-adjusted basis, manager continuation decisions.
|
|
2015
|
5
|
Outperforming pure indexing strategy, decomposing return into style bias and
active management, time weighted return, pure sector allocation return,
within-sector selection return.
|