标题: Sample Exam Version 2 [打印本页] 作者: adehbone 时间: 2011-7-11 19:57 标题: Sample Exam Version 2
Did anyone else write the Sample Exam Version 2?
I thought I knew my stuff and did pretty good on the mock exam. I got killed on this sample exam, seems like a lot of minute details!
What are your thoughts?作者: Zestt 时间: 2011-7-11 19:57
i got killed on 1 rather then 2. don't get discouraged though. it was only 30 questions, so a few marks makes a big difference in the percentage.
just focus on what you didn't get right and understand the solution.
the key with these sample exams is not to get practise with comparable exam questions.作者: Chuckrox 时间: 2011-7-11 19:57
But what i realise is this. The question seen on the sample exams most likely won't show up on the exam, atleast the minute stuff like the little SMALL details on GIPs and other related questions.
However, you will be sure to see OTHER small minute detail questions. Let me just say the possiblity are endless in the amount of small detailed questions they can ask.作者: skycfa 时间: 2011-7-11 19:57
whystudy,
can you please post the answers of last 3 questions on GIPS? Appreciate it dude
I am not able to open testrac site right now.作者: Valores 时间: 2011-7-11 19:57
^ me neither. 作者: dyga 时间: 2011-7-11 19:57
whystudy - afjunkie is right, just use it to chose where to focus over the next week. Don't take that seriously.作者: bkballa 时间: 2011-7-11 19:57
28,29,30 please. It was the GIPS item set.作者: lcai 时间: 2011-7-11 19:57
FWIW, I didn't think those GIPS q's were minutia at all (except to the extent that all of GIPS is minutia)
answers requested:
28 - hierarchy of valuation methodologies would go Market Transaction, market multiples, PV of risk adjusted cash flow
29 - total return was 12.53 (nothing tricky here, you just have to know which elements go where)
30 - GIPS require that firm being verified maitain the data and info neccessary for calcs作者: thommo77 时间: 2011-7-11 19:57
B B and B, correct Chi Paul?
Thanks作者: bboo 时间: 2011-7-11 19:57
Chi Paul Wrote:
-------------------------------------------------------
> FWIW, I didn't think those GIPS q's were minutia
> at all (except to the extent that all of GIPS is
> minutia)
>
> answers requested:
>
> 28 - hierarchy of valuation methodologies would go
> Market Transaction, market multiples, PV of risk
> adjusted cash flow
>
> 29 - total return was 12.53 (nothing tricky here,
> you just have to know which elements go where)
>
> 30 - GIPS require that firm being verified maitain
> the data and info neccessary for calcs
Yea, I agree that basically anything in GIPS is somewhat minutia. but some other questions are definitely just trick questions.
even the one about core satalite i found it was like a trick. the core's benchmark is different from the investors benchmark. eventhough i got it right, but seem like such a good answer too作者: PalacioHill 时间: 2011-7-11 19:57
and how about the fee structure one for limited partners!作者: wake2000 时间: 2011-7-11 19:57
^ Carried interest is on the profit above the last portfolio value and not on any inflows.作者: Analti_Calte 时间: 2011-7-11 19:57
wow you know your stuff!! i remember seeing your name on here last year as well. = )作者: former 时间: 2011-7-11 19:57
whystudy Wrote:
-------------------------------------------------------
> wow you know your stuff!! i remember seeing your
> name on here last year as well. = )
seeing my name, where?作者: skycfa 时间: 2011-7-11 19:57
i have seen you on this forum since leve 2! and level 3 last year.作者: liangfeng 时间: 2011-7-11 19:57
I am taking level 3 first time this year and last time. Must be someone else...
Edited 1 time(s). Last edit at Thursday, May 27, 2010 at 08:23PM by cfaboston28.作者: Darien 时间: 2011-7-11 19:57
scored 76% on this! could have been higher if it wasn't for some obvious mistakes.作者: bodhisattva 时间: 2011-7-11 19:57
That core-satellite one - was that the one where 40% was invested in the index portfolio and the remainder was invested in 4 or so other active funds?
I got it wrong as I couldn't see how 40% in the index fund made it a 'core-satellite' portfolio.
