CFA® L2 — Portfolio Management
Active portfolio management, factor models, ETFs, risk management. The bridge to the Level 3 portfolio focus.
Quick info
- Layer
- Professional Certifications
- Track
- CFA® Level 2
- Estimated hours
- 30 hrs
- Chapters
- 4
- 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
Active portfolio management, factor models, ETFs, risk management. The bridge to the Level 3 portfolio focus.
Who this is for
- CFA L2 candidates.
What you'll learn
- Active management — fundamental law
- Multifactor models — APT extensions
- ETFs — mechanics and uses
- Portfolio risk and economic balance sheet
Full syllabus — 4 chapters
- 1Reading 1
Active management
- Information ratio, transfer coefficient
- Fundamental Law of Active Management
- 2Reading 2
Multifactor models
- APT and factor risk premia
- Practical multifactor construction
- 3Reading 3
ETFs
- Creation / redemption mechanics
- Tracking error sources
- 4Reading 4
Portfolio risk
- Economic balance sheet
- Risk budgeting
About the exam
- Provider
- CFA Institute
Note: ~10-15% of CFA L2 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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