NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

Page 41 Of 122

Go to:

  • Bond Portfolio Role: Balances risk in equity-heavy portfolios.
  • Derivatives Definition: Contracts deriving value from underlying assets like stocks or commodities.
  • Types of Derivatives: Include forwards, futures, options, and swaps.
  • Forward Contracts: Bilateral OTC agreements with customized terms.
  • Futures Contracts: Standardized, exchange-traded forward contracts.

NISM PMS Distributors ( NISM 21A )

Copyright 2025 - MODELEXAM MODELEXAM®