NISM 21B Portfolio Managers Exam Notes

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  • Constant Mix Strategy: Maintains target allocations.
  • CPPI: Constant Proportion Portfolio Insurance, balances assets.
  • CPPI Floor: Minimum portfolio value for capital protection.
  • CPPI Cushion: Portfolio value minus floor.
  • CPPI Multiplier: Determines risky asset allocation, 3-5.

NISM 21B Portfolio Managers

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