Aia Study guides, Class notes & Summaries

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 ...

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 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 liquid alternatives - ANSWER-Liquid alternatives typically have (1) constraints on permissible investments strategies (for example, liquidity and leverage limits), (2) no incentive fees, (3) less skilled managers as a result of less attractive compensation and limited strategies, and (4) an inability to ear...

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 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 II Questions and Answers 100% CorrectCAIA Level II Questions and Answers 100% CorrectCAIA Level II Questions and Answers 100% Correct Upstream Commodity Producer - ANSWER-typically farmers of firms extracting commodities. Downstream commodity producer - ANSWER-processed a commodity(s) into a marketable product Excess Return Index - ANSWER-tracks the performance of a portfolio of commodity futures in excess of the risk-free rate. Total Return index - ANSWER-tracks the perform...

FAIA 221 Questions Which of the following is not a qualification for obtaining a General Lines License? A. Florida Resident B. Not for "controlled business" C. Successfully complete a 200 hour department approved course D. Six months "all-lines" experience as a full time employee - D. Six months "all-lines" experience as a full time employee All of the following are duties and functions of the Department of Financial Services EXCEPT: A. approve and review forms, ruled and rates...

AIA Document A201, General Conditions of the Contract for Construction Exam ...

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...