NISM 21B Portfolio Managers Exam Notes

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  • Diversifiable Risk: Unsystematic, reduced by diversification.
  • Non-Diversifiable Risk: Systematic, affects all assets.
  • MPT Tools: Used in Excel/Calc for optimization.
  • Client Risk Profile: Guides MPT-based construction.
  • Portfolio Selection: Chooses optimal frontier portfolio.

NISM 21B Portfolio Managers

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