CFA® L1 — Alternative Investments
Private equity, hedge funds, real estate, infrastructure, commodities — the asset classes that sit outside the equity/bond default.
Quick info
- Layer
- Professional Certifications
- Track
- CFA® Level 1
- Estimated hours
- 20 hrs
- Chapters
- 5
- Exam body
- CFA Institute
- Cost on Trustner
- Free
The full chapter-by-chapter syllabus is published below so you know exactly what you're committing to. Individual lesson pages are being authored progressively over the coming weeks. Bookmark this page or browse all courses.
About this course
Private equity, hedge funds, real estate, infrastructure, commodities — the asset classes outside the equity / bond default.
Who this is for
- CFA L1 candidates.
- Asset-allocators considering alternatives.
What you'll learn
- Categories and characteristics of alternative investments
- Hedge-fund strategies, fees, and risk profiles
- Private-equity structures and lifecycle
- Real estate, commodities, infrastructure as portfolio components
Full syllabus — 5 chapters
- 1Reading 1
Introduction to alternatives
- Categories and characteristics
- Role in a portfolio
- 2Reading 2
Hedge funds
- Strategies and styles
- Fees and performance measurement
- 3Reading 3
Private equity
- LBO, venture, growth
- Fund structure and J-curve
- 4Reading 4
Real estate
- Direct, REITs, real-estate funds
- Valuation methods
- 5Reading 5
Commodities and infrastructure
- Commodities as inflation hedges
- Infrastructure cash-flow profiles
About the exam
- Provider
- CFA Institute
Note: ~5-8% of CFA L1 weight.
The exam is administered by CFA Institute. Trustner Academy is not affiliated with CFA Institute; we provide independent preparatory educational material. See our disclaimer.
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