J10 Discretionary Investment Management Remote Study Course Module 2

This event will be held via video webinar.

If you have any questions please contact Susan Stamp at secretary@sussexcii.org.uk or on 07933 998426.

Module 2

Part 1 - Wednesday 30 March 2022 9.30 am - 1.00 pm

Part 2 - Thursday 31 March 2022 9.30 am - 1.00 pm

Collective investments, Portfolio Construction and Performance Review

By the end of this module, delegates will be able to:

• understand the benefits of using collective investments compared to directly held assets
• understand the differences between a closed and open-ended fund structure together with the advantages and disadvantages of each
• understand the characteristics of an EIS, SEIS and VCT together with their suitability for investors
• understand the characteristics of Hedge Funds, Split Capital Investment Trusts, Structured Products, Contracts for Difference and Spread Betting
• understand the main investment strategies against the background of current economic conditions
• understand the principles of Modern Portfolio Theory including Capital Asset Pricing Model and the differences between systematic and non-systematic risk
• identify how portfolio construction can mitigate risk including the use of correlation and Efficient Frontier
• accurately calculate the Holding Period Return, Money Weighted Period Return, Time Weighted Period Return and identify when it would be appropriate to use each
• understand the concept of Alpha
• accurately calculate and interpret the main risk related returns, Sharpe Ratio and Information Ratio
• analyse the performance of a portfolio and identify the cause of under or over performance