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Layer 4 · Professional CertificationsCFA® Level 1Exam: CFA Institute

CFA® L1 — Portfolio Management

Modern portfolio theory, the IPS, asset allocation basics, behavioural biases. The introduction to thinking like a portfolio manager.

25 hours of content1 chaptersFree during Phase 1

Quick info

Layer
Professional Certifications
Track
CFA® Level 1
Estimated hours
25 hrs
Chapters
1
Exam body
CFA Institute
Cost on Trustner
Free
Full course material live

Every chapter below has Foundation, Deep Dive, and Advanced material — read in any order, expand each chapter to see the full content.

About this course

Portfolio Management at CFA L1: MPT, IPS, asset allocation, behavioural biases. ~5-8% of L1 weight. Foundation for L2 and L3 portfolio focus.

Who this is for

  • CFA L1 candidates.
  • Aspiring portfolio managers.

What you'll learn

  • Portfolio approach to risk and return
  • MPT and efficient frontier
  • CAPM, Sharpe, Treynor, Jensen
  • IPS and the planning, execution, feedback cycle

Course material — 1 chapters

Each chapter offers three tiers — Foundation for the core concept, Deep Dive for worked examples and practitioner depth, and Advanced for edge cases and exam tips. Click any chapter to expand.

  1. 1
    Reading 1

    MPT and efficient frontier

    • Diversification benefit
    • Efficient frontier construction
    ✓ Full chapter — read, examples, FAQ, MCQs

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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