NISM 21B Portfolio Managers Exam Notes

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  • Transaction Cost Management: Optimize trades.
  • Liquidity Needs: Influence rebalancing strategy.
  • Rebalancing Challenges: Costs, taxes, timing.
  • Constant Mix Benefits: Consistent risk exposure.
  • CPPI Advantages: Protects downside, captures upside.

NISM 21B Portfolio Managers

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