CFA考试要在复习的基础上，通过大纲检测复习的进度和水平。边看大纲，根据大纲的提示回忆自己对该提示掌握的深度，若已经掌握了，就可以一带而过，否则，就必须下功夫，花时间重点对待了，因此大纲起到了查漏补缺的作用。CFA三级考试模拟题：另类投资组合管理大家也要牢固掌握，扎实基础。
CFA考试试题，The University Endowment Fund is considering making an investment in hedge fiinds. Its investment committee is meeting to decide which of the following four hedge funds should be selected:
■ COE Fund，a “fund of fiinds;”
■ Savior Capital，an “equity market neutral” fund;
■ Alphameric Advisors, a ''distressed debt arbitrage" fund;
■ MarketView LLC，a “long-only value investing in distressed securities” fimd. During the meeting, committee members made the following statements:
Statement 1 "The Sharpe ratio is not the best performance measure for hedge funds because it is based on the assumption of normality of returns.”
Statement 2 Alphameric Advisors5 investment style involves selling the traded debt of the distressed company under consideration, and buying the debt of non-distressed companies.”
Statement 3 "It is better to use and equally weighted hedge fimd index to reflect the potential diversification of hedge fluids rather than a value-weighted index. This is because value weiglitiiig may result in Hie index taking on the return characteristics of the best-performing hedge fiinds, creating a momentum effect in returns."
Statement 4 "The Sortino ratio is the best means to examine the consistency of hedge fund returns.”
One of the investment committee members noted that MarketView LLC has a “2 and 20 fee structure with a high-water mark provision,55 and wondered what that meant.
cfa考试练习题大家也要牢固掌握，大纲对于知识点的掌握分为了解、熟悉、掌握三层，对于要求掌握的知识点一定要重点记忆。可以根据三种要求用三种颜色的笔做好三色笔记，这样自己才能知道哪些地方是重点，需要注意的是，目前出题越来越细，对于要求了解的知识点至少要做到有个印象。
