Korea Certified Fund Investment Advisor (펀드투자권유자문인력) cheat sheet
Korea Certified Fund Investment Advisor (펀드투자권유자문인력) · Keep the key ideas within reach.
Fund structure, valuation, costs and investor protection
Assess the goal and client, not only the product.
Diversification does not eliminate every risk.
Keep model assumptions explicit.
A modeled loss quantile is not a worst-case guarantee.
Derivative-fund exposures and payoff models
Identify the actual derivative exposure.
Separate payoff from profit.
Read barrier and settlement conditions.
Daily reset changes multi-period results.
Property-fund income, valuation and liquidity
Separate income, value and equity return.
Stress-test valuation assumptions.
Debt adds refinancing and equity risk.
Match redemption expectations to property liquidity.