Portfolio Management: An Overview

Free CFA Level I lesson in Portfolio Management. 22 min read, ~3,307 words.

Portfolio approach beats individual security selection because diversification reduces risk without sacrificing expected return. Six-step process: planning, execution, feedback. IPS first, monitor and rebalance last. Defined benefit plan = sponsor bears investment risk. Defined contribution plan = employee bears investment risk. Mutual funds: open-end (NAV trade once daily), closed-end (exchange-traded...

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What this lesson covers

Content
Example 1
Example 2
Common Mistakes
Key Takeaways
Exam Shortcuts

Learning objectives

portfolio management overview

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