Alternative Investments Analysis
COURSE DESCRIPTION Alternative investments analysis course is one of the core papers that are examined by Kasneb in CIFA certification per the revised 2015 syllabus. This subject is a growing field in the investment industry but has been receiving great …
Overview
COURSE DESCRIPTION
Alternative investments analysis course is one of the core papers that are examined by Kasneb in CIFA certification per the revised 2015 syllabus. This subject is a growing field in the investment industry but has been receiving great attention from industry players mainly due to its negative correlation to traditional investments.
The course outline focuses on five ways of distinguishing alternative investments from the traditional investments. In addition, the study looks at the environment, types of alternatives, and valuation of these forms of alternatives.
This paper is intended to equip the candidate with the knowledge and competencies in the valuation and analysis of alternative investments.
INCLUDED IN THE COURSE
These materials include item-by-item notes as outlined in the revised Kasneb CIFA syllabus as well as focused questions from previous examinations by the board. In addition, our platform offers a forum for learners to discuss issues related to a certain subject.
Watch out for our online tutorials and videos!
LEARNING OUTCOMES
A candidate must be able to demonstrate his/her ability to carry out the following tasks related to alternative investments analysis:
- Distinguish among the principal classes of alternative investments
- Identify various players in the alternative investment market and describe their roles
- Apply valuation techniques to price alternative investments
- Advise a client on how to incorporate alternative investment in his portfolio according to his or her investment objectives and risk tolerance
- Describe the various types of asset backed securities and mortgage backed securities as a form of alternative investment.
HOW TO STUDY AND PASS THIS COURSE
- Allocate enough time to the study text. You need at least 2 months to fully grasp the concepts of study.
- Set aside sometime for arithmetical problems practice as well as concept grasp.
- Have at least a week to pass through related past papers and final touches.
- Make use of our course-specific forums to discuss with classmates on issues not clear.
Curriculum
- 10 Sections
- 74 Lessons
- 52 Weeks
- CHAPTER 1: OVERVIEW OF ALTERNATIVE SECURITIES7
- 1.11.1 Introduction
- 1.21.2 Distinction between Alternative Investments from Traditional Investments52 Weeks
- 1.31.3 Categories of Alternative Investment52 Weeks
- 1.41.4 Types of Alternative Investment Structures52 Weeks
- 1.51.5 Distinction of Alternative Investments from Traditional Investments Based on Return Characteristics and Methods of Analysis52 Weeks
- 1.61.6 Goals of Alternative Investing52 Weeks
- 1.7Chapter 1 Review Questions0 Questions
- CHAPTER 2: THE ENVIRONMENT OF ALTERNATIVE INVESTMENTS6
- 2.12.1 Introduction52 Weeks
- 2.22.2 Participants in the Alternative Investing Environment52 Weeks
- 2.32.3 Role of Financial Markets in the Alternative Investments52 Weeks
- 2.42.4 Regulatory Issues Related to Alternative Investments52 Weeks
- 2.52.5 Effect of Taxation on Alternative Investments52 Weeks
- 2.6Chapter 2 Review Questions0 Questions
- CHAPTER 3: REAL ASSETS INVESTMENTS9
- 3.13.1 Introduction52 Weeks
- 3.23.2 Types of Real Assets Investments52 Weeks
- 3.33.3 Effect of Smoothing on the Valuation and Volatility of Real Assets Investments52 Weeks
- 3.43.4 Real estate Investment Trusts (REITs)52 Weeks
- 3.53.5 Real Estate Equity Investments52 Weeks
- 3.63.6 Alternative Real Estate Investment Vehicles52 Weeks
- 3.73.7 Depreciation of Real Estate53 Weeks
- 3.83.8 Real Estate Equity Risks and Returns as Represented by Real Estate Indices52 Weeks
- 3.9Chapter 3 Review Questions0 Questions
- CHAPTER 4: HEDGE FUNDS10
- 4.14.1 Introduction53 Weeks
- 4.24.2 Definition of Hedge Funds53 Weeks
- 4.34.3 Classification of Hedge Funds53 Weeks
- 4.44.4 Hedge Fund Fees53 Weeks
- 4.54.5 Hedge Fund Returns and Asset Allocation53 Weeks
- 4.64.6 Hedge Fund Strategies53 Weeks
- 4.74.7 Reasons for Incorporating Hedge Funds into an Investment Program53 Weeks
- 4.84.8 Hedge Fund Indices53 Weeks
- 4.94.9 Determinants of Investability of Hedge Fund Indices53 Weeks
- 4.10Chapter 4 Review Questions0 Questions
- CHAPTER 5: PRIVATE EQUITY11
- 5.15.1 Introduction to Private Equity53 Weeks
- 5.25.2 Structure of Private Equity Funds and Investments53 Weeks
- 5.35.3 Roles of Various Entities Involved in Private Equity Investments53 Weeks
- 5.45.4 Major Forms of Private Equity Investments that Involve Direct Ownership of Equity53 Weeks
- 5.55.5 Major Forms of Private Equity that Involve Direct Ownership of Debt Securities53 Weeks
- 5.65.6 Trends and Innovations in Private Equity Markets53 Weeks
- 5.75.7 Venture Capital53 Weeks
- 5.85.8 Leveraged Buyouts (LBO)53 Weeks
- 5.95.9 Mezzanine Debt53 Weeks
- 5.105.10 Distressed Debt53 Weeks
- 5.11Chapter 5 Review Questions
- CHAPTER 6: STRUCTURED PRODUCTS4
- CHAPTER 6A: STRUCTURED PRODUCTS: ASSET-BACKED PRODUCTS4
- CHAPTER 6B: STRUCTURED PRODUCTS: MORTGAGE-BACKED SECURITIES8
- 8.16.9 Introduction to Mortgage-Banked Securities (MBS)53 Weeks
- 8.26.10 Collateralized Mortgage Obligations (CMOs)53 Weeks
- 8.36.11 Mortgage Loans53 Weeks
- 8.46.12 Mortgage Pass-through Securities
- 8.56.13 Relevance of Average Life of a Mortgage-backed Security
- 8.66.14 Collateralized Mortgage Obligations
- 8.76.15 Mortgage Tranches in a CMO
- 8.8Chapter 6 Review Questions0 Questions
- CHAPTER 7: VALUING MORTGAGE-BACKED AND ASSET-BACKED SECURITIES9
- 9.17.1 Introduction
- 9.27.2 Cash Flow Yield, Nominal Spread and Zero-Volatility Spread
- 9.37.3 Monte Carlo Simulation Model for Valuing a Mortgage-backed Security
- 9.47.4 Path Dependency in Pass-through Securities and the Implications of the Valuation Models
- 9.57.5 Calculation of Option-adjusted Spread Using the Monte Carlo Simulation Model and Its Interpretation
- 9.67.6 Evaluation of a Mortgage-backed Security Using Option-adjusted Spread Analysis
- 9.77.7 Reasons for Having Different Effective Durations Reported by Various Dealers and Vendors
- 9.87.8 Use of Nominal Spread, Zero-Volatility Spread, or Option-Adjusted Spread in Evaluating a Specific Fixed Income Security
- 9.9Chapter 7 Review Questions
- CHAPTER 8: COMMODITIES11
- 10.18.1 Introduction: Characteristics of Commodity Sectors52 Weeks
- 10.28.2 Commodity Markets52 Weeks
- 10.38.3 Overview of Forward and Futures Contracts52 Weeks
- 10.48.4 Return Characteristics of Commodity Investments52 Weeks
- 10.58.5 Roll Process of Futures Contracts52 Weeks
- 10.68.6 Term Structure of Forward Prices and the Pricing Models of Futures and Forward Prices52 Weeks
- 10.78.7 The Forward Price and Spot Price Relationships52 Weeks
- 10.88.8 Potential Diversification Benefits offered by Commodities52 Weeks
- 10.98.9 Models of Expected returns52 Weeks
- 10.108.10 Investing in Commodities without Future52 Weeks
- 10.11Chapter 8 Review Questions
Instructor
You May Like
Fixed Income Investments Analysis
Fixed Income investments Analysis is a core unit in Certified Investment and Financial Analysts (CIFA) qualification. A fixed-income security is an investment that provides a...
Introduction LearnPress – LMS plugin
A WordPress LMS Plugin to create WordPress Learning Management System. Turn your WP to LMS WordPress with Courses, Lessons, Quizzes & more.
Introduction to Marketing
This tutorial will introduce you to PHP, a server-side scripting language you can use to make dynamic websites and web applications.
Introduction to Adobe Photoshop
The jQuery team knows all about cross-browser issues, and they have written this knowledge into the jQuery library. jQuery will run exactly the same in...
Master of Business Administration
In this course, We'll learn how to create websites by structuring and styling your pages with HTML and CSS.
Course Features
- Lectures 74
- Quizzes 5
- Duration 50 hours
- Skill level All levels
- Language English
- Students 1
- Assessments Yes