Alternative Investments

The next subject (eighth) in CFA Level-1 exam is Alternative Investments. It has a weightage of 6%. It is different from generic investments. The main categories of alternative investments covered in CFA Level-I are real estate, hedge funds, commodities, private equity. The topics this subject delves on are:

• Types of Alternative Investments and their Characteristics,
• Real Estate Valuation,
• Investment Vehicles and Valuation,
• Private Equity/Venture Capital and Valuation,
• Hedge Fund Strategies and Valuation of Commodities, and
• Asset Allocation to Alternative Investments.

• Derivatives /
• Portfolio Management