Master the essential concepts of Book 4 with a comprehensive, systematic approach designed for CFA Level 1 success.
Monitor your learning progress with detailed analytics and structured milestone tracking.
From fixed income fundamentals to derivatives and alternative investments, explore comprehensive study materials.
Overview of Fixed Income, Derivatives, and Alternative Investments curriculum structure and learning objectives.
Basic features and characteristics of fixed income securities, including bond indentures and covenants.
Overview of global fixed income markets, primary and secondary markets, and funding structures.
Bond valuation fundamentals, pricing relationships, and yield measures for fixed income securities.
Securitization process, mortgage-backed securities, and other asset-backed securities structures.
Duration, convexity, and other risk measures for fixed income securities and portfolios.
Credit risk assessment, rating agencies, and corporate bond analysis techniques.
Introduction to derivatives, forward contracts, futures, options, and swaps fundamentals.
Fundamental concepts of derivative pricing, arbitrage, and valuation models.
Option valuation models including Black-Scholes-Merton and binomial models.
Applications of derivatives for hedging, speculation, and arbitrage strategies.
Overview of alternative investment categories including hedge funds, private equity, and real estate.
Classification and analysis of hedge fund strategies including equity, event-driven, and macro strategies.
Cryptocurrency fundamentals, blockchain technology, and digital asset investment considerations.
Private equity fund structures, strategies, and performance evaluation methods.
Real estate investment vehicles, valuation approaches, and REIT analysis.
Commodity markets, futures pricing, and commodity investment strategies.
Infrastructure as an asset class, project finance, and public-private partnerships.
Natural resource investments and Environmental, Social, and Governance (ESG) considerations.
Performance measurement, benchmarking, and due diligence for alternative investments.