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Yeahhh Baby. Finally made it. Level 3: Pass Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 26 * - - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 * - - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - - * 9 Portfolio Management - Risk Management 16 - - * 10 Portfolio Management - Monitor&Rebalance 15 - * - 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - * - - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - - *

August 2009 Level 3: Pass 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 26 - - * 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 - * - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - - * 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - - * 9 Portfolio Management - Risk Management 16 * - - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management 18 - * - - Portfolio Management - Individual 18 - - *

I’m totally floored right now. Oh my god. Level 3: Pass 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 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 * - - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 * - - 9 Portfolio Management - Risk Management 16 * - - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - * - - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - - * - Portfolio Management 18 * - - - Portfolio Management - Individual 18 - - *

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 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 * - - 4 Portfolio Management - Institutional 11 - * - 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 * - - 7 Equity Investments 17 - * - 8 Alternative Investments 15 * - - 9 Portfolio Management - Risk Management 16 * - - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 * - - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 * - - - Economics 18 - * - - Equity Investments 36 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - - *

Yeah baby. Finally made it through.So happy. Level 3: Pass Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 26 * - - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 * - - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - - * 9 Portfolio Management - Risk Management 16 - - * 10 Portfolio Management - Monitor&Rebalance 15 - * - 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - * - - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - - *

pass

Level 3: Pass 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 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 - - * 4 Portfolio Management - Institutional 11 * - - 5 Economics 19 - - * 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - * - 9 Portfolio Management - Risk Management 16 - * - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management 18 - * - - Portfolio Management - Individual 18 - - * What is the deal with question 2? Anybody remember what the question was (which we all apparently got wrong?)

DONE!!! Can’t believe it!!! Level 3: Pass 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 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 - - * 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - - * 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - - * 9 Portfolio Management - Risk Management 16 * - - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - * - Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - * - - Portfolio Management 18 - * - - Portfolio Management - Individual 18 - - *

Level 3: Pass 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 26 - - * 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 - * - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - - * 9 Portfolio Management - Risk Management 16 - * - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - - *

HA! KILLED IT! (just…) Level 3: Pass 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 26 - - * 2 Portfolio Management - Individual 9 - * - 3 Portfolio Management - Institutional 24 * - - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - - * 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - * - 9 Portfolio Management - Risk Management 16 - * - 10 Portfolio Management - Monitor&Rebalance 15 - * - 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - - *

Level 3: Pass 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 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 * - - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 * - - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - - * 9 Portfolio Management - Risk Management 16 - * - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - - * - Portfolio Management 18 * - - - Portfolio Management - Individual 18 * - -

thanks for everything ! you were great… see you in GD forum Level 3: Pass 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 26 - - * 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 - * - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - * - 9 Portfolio Management - Risk Management 16 - * - 10 Portfolio Management - Monitor&Rebalance 15 - * - 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - * - - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management 18 * - - - Portfolio Management - Individual 18 - - *

Ilvino, CFA Level 3: Pass 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 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 - - * 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - - * 9 Portfolio Management - Risk Management 16 - * - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 * - - - Economics 18 * - - - Equity Investments 36 - - * - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - * - - Portfolio Management 18 - * - - Portfolio Management - Individual 18 - - *

Finally done!!! Level 3: Pass 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 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 - - * 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - - * 6 Portfolio Management - Asset Allocation 10 - * - 7 Equity Investments 17 - - * 8 Alternative Investments 15 - - * 9 Portfolio Management - Risk Management 16 * - - 10 Portfolio Management - Monitor&Rebalance 15 - * - 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - * - - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - * -

Level 3: Pass 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 26 - - * 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 - - * 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - - * 9 Portfolio Management - Risk Management 16 - - * 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 * - - - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - - * I completely missed something in Ethics, and now I have a bad case of cognitive dissonance. Yeah and I am waiting for them to release the essay portion to look at q2, what happened?

Level 3: Pass 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 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 * - - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - - * 9 Portfolio Management - Risk Management 16 - * - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 - - * - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - - * As projected, some trip-ups on minutia in the AM, but rolled in the PM…

FastEd, CFA Level 3: Pass 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 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 * - - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - - * 9 Portfolio Management - Risk Management 16 * - - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - * - - Equity Investments 36 - - * - Ethical & Professional Standards 36 - - * - Fixed Income Investments 36 * - - - Portfolio Management 18 - * - - Portfolio Management - Individual 18 - * -

After 5 years, I’m finally done! Level 3: Pass Essay Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 - - * 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - * - 9 Portfolio Management - Risk Management 16 * - - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 - - * - Equity Investments 36 - - * - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - * - - Portfolio Management 18 - - * - Portfolio Management - Individual 18 - * -

Level 3: Pass 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 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 * - - 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - * - 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 * - - 9 Portfolio Management - Risk Management 16 * - - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 * - - - Equity Investments 36 - * - - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - - * - Portfolio Management 18 - * - - Portfolio Management - Individual 18 - - *

All done baby!!! Now I just need to work 2 more years before I can get my charter… Level 3: Pass 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 26 - * - 2 Portfolio Management - Individual 9 * - - 3 Portfolio Management - Institutional 24 - - * 4 Portfolio Management - Institutional 11 - - * 5 Economics 19 - - * 6 Portfolio Management - Asset Allocation 10 - - * 7 Equity Investments 17 - - * 8 Alternative Investments 15 - * - 9 Portfolio Management - Risk Management 16 * - - 10 Portfolio Management - Monitor&Rebalance 15 - - * 11 Portfolio Management – Performance Eval. 18 - - * Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Derivatives 18 - - * - Economics 18 * - - - Equity Investments 36 - * - - Ethical & Professional Standards 36 - * - - Fixed Income Investments 36 - * - - Portfolio Management 18 * - - - Portfolio Management - Individual 18 - - *