duh … failed the ethics. Level 3: Fail The table below illustrates your subject matter strengths and weaknesses. The three columns on the right are marked with asterisks to indicate your performance on each question or topic area. Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 36 * - - 2 Portfolio Management - Individual 9 - * - 3 Portfolio Management - Institutional 36 - - * 4 Portfolio Management - Asset Allocation 17 - * - 5 Fixed Income Investments 13 * - - 6 Alternative Investments 11 * - - 7 Portfolio Management - Risk Management 17 - - * 8 Portfolio Management - Execution 14 - * - 9 Portfolio Management - Monitor&Rebalance 9 * - - 10 Portfolio Management – Performance Eval. 9 * - - 11 Portfolio Management 9 * - - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 18 - * - - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 * - - - Fixed Income Investments 36 * - - - Portfolio Management 18 - - * We have divided the full group of failed candidates into ten approximately equal score bands. Your score band below shows how your overall score on the exam compares with all other failed candidates. For example, if your reported score band is 1, you scored in approximately the bottom 10% of failed candidates. If your reported score band is 2, your score was within the next band width ranging from approximately the bottom 11% to 20% of failed candidates. If your score band is reported as 10, you scored in the top 10% of all failed candidates. Performance band of your overall score among all candidates who failed the exam: 9