About Alternative Investments for the Level I CFA Exam

This forum contains discussion of Alternative Investments topics for the Level I CFA exam.

  • Alternative Investments is covered in Study Session 17
  • Derivatives has an exam weight of 6%

Study Session 17

“This study session provides an overview of the more widely used alternative investments, including hedge funds, private equity, real estate, commodities, and infrastructure investment. Each is examined with emphasis on their distinguishing characteristics, considerations for valuation, and potential benefits and risks. Similarities and differences with traditional investments (stocks, bonds) are also considered.”
Source: CFA Institute