請(qǐng)問這題這樣寫是否足夠? Determine the client segment or adviser type that is most appropriate for each stage of Sili’s plan. Justify each response. 1. Stage 1: this stage belongs to robot-advisor. The client’s asset value is below $250,000 level and the client construct his portfolio with ETFs, Mutual funds, and low-cost alternatives; 2. Stage 2: this stage is a mass affluent segment. The client’s asset is between $250,000 to $1mn and the client starts having a need for financial plans; 3. Stage 3: this is stage is a high-net-worth client. The client’s asset is between $1mn to $10mn and the client has specific financial services; 4. Stage 4: this stage is ultra-high-net-worth. The client’s asset is above $50mn and the client has needs for highly customized financial services.
股價(jià)增長不能算growth么
請(qǐng)問老師shorting against the box，以及forward conversion with option是指什么方法去降低上市公司股票頭寸的？
真題中的個(gè)人IPS 2012年的Q2的A問，如果免稅賬戶和收稅賬戶所投資的資產(chǎn)都產(chǎn)生了虧損，為什么免稅賬戶的稅后收益更高？
這里的salary和expense指的是T0時(shí)刻的還是T1時(shí)刻的？
reading 20 第26題，B選項(xiàng)，float/fix swap在起初的value是0啊，沒有g(shù)ain啊。他要想做carry trade又不想改變久期, 應(yīng)該直接short 0.5-year UK bond，long 3-year UK bond；long 0.5 year EUr bond, short 3-year Eur bond. B選項(xiàng)簽了3年swap，半年后結(jié)束swap么？那也要settle swap value的變化，還是沒有收益啊。
（1-b）t說是0時(shí)刻先賣了，不太理解。
老師請(qǐng)問，liquidity requirements 是不是就是求下一年的資金缺口？
老師，在基礎(chǔ)班的個(gè)人ips（R28）講義第41頁，我在圖中紅框標(biāo)注部分，為什么終身年金會(huì)降低longevity risk呢？我理解終身年金的支付人（比如保險(xiǎn)公司）要支付年金直到受益人去世，受益人活的越長，對(duì)保險(xiǎn)公司來說風(fēng)險(xiǎn)不是更大嗎？
請(qǐng)問老師， Reading28 課后題第3題，investment property的risk tolerance為什么是lower？ 決定risk tolerance高低的總體原則是什么？謝謝！
請(qǐng)問陳述二為什么是正確的，這里的income yield是怎么計(jì)算的呢？
請(qǐng)問R28 2題的C 12個(gè)月的股價(jià)增長不能反映growth嗎
有兩個(gè)點(diǎn)感到困擾：1.這道題里用一個(gè)high covariance去replace會(huì)減少active risk，那portfolio的total risk是不是增加？ 2.書里這段話中add和replace有什么區(qū)別？
請(qǐng)問，style fit是什么意思？
請(qǐng)問Yield curve里positive butterfly是more curvature還是less curvature？總復(fù)習(xí)和基礎(chǔ)課件的PPT不一致，謝謝！
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