CFA L3 | Changes | 2019

Readin Readin
Details of
g No g No Topic Changes Trainer Remarks on Changes
Changes
(2019) (2018)
Code of Ethics and Standards of
1 1 Same (blank) (blank)
Proffesional Conduct
2 2 Guidance for Standards I–VII Same (blank) (blank)
Application of the Code and
3 3 Same (blank)
Standards (blank)
Asset Manager Code of
4 4 Same (blank)
Professional Conduct (blank)
Overview of the Asset Management Independent Chapter and can be
5 - New (blank)
Industry and Portfolio Management done in any order
Professionalism in Investment Independent Chapter and can be
6 - New
Management (blank) done in any order
7 5 The Behavioral Finance Perspective Same (blank) (blank)
8 6 The Behavioral Biases of Individuals Same (blank) (blank)
Behavioral Finance and Investment
9 7 Same (blank)
Processes (blank)
If you are using 2018 material then
Chapter Jumbled
use the last batch video given, else
up - The content
10 8 Changes wait for us to complete in live batch
is exactly the
Managing Individual Investor and then share. This book, better to
same
Portfolios be done in serial Order.
You may complete this with the video
provided, just an example has been
Los c - a page has
11 9 Changes added, However if there is an issue,
been added.
Taxes and Private Wealth skip that page and do it once the
Management in a Global Context video has been shared on the drive.
12 10 Estate Planning in a Global Context Same (blank) (blank)
13 11 Same (blank)
Concentrated Single Asset Positions (blank)
14 12 Risk Management for Individuals Same (blank) (blank)
Managing Institutional Investor
15 13 Same (blank)
Portfolios (blank)
16 14 Capital Market Expectations Same (blank) (blank)
los fg - cape
portion is added in However you can wait, we shall be
17 15 Changes 2019 and 10year covering this in live soon and sharing
moving average is the same.
deleted
Equity Market Valuation
Just skip the first bit till the first Los, or
you may actually still listen, and the
1st los deleted
last para added, you may do or skip,
18 16 Changes and last para
we shall share the video towards the
changed
end, shall be covered later in the live
Introduction to Asset Allocation batch
los o - last para 3 You can do it with the class that you
19 17 Changes
Principles of Asset Allocation lines added have, video shall be shared later
Asset Allocation with Real-World
20 18 Same (blank) (blank)
Constraints

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 Readin Readin
Details of
g No g No Topic Changes Trainer Remarks on Changes
Changes
(2019) (2018)
Currency Management: An
21 19 Same (blank)
Introduction (blank)
Introduction to Fixed-Income one para You can do it with the class that you
22 21 Changes
Portfolio Management reframed have
los B points and
You can do it with the class that you
23 22 Liability-Driven and Index-Based Changes graphs have been
have
Strategies rearranged
Wait for me to send this class. Shall
be done by january End. In case you
lots of changes,
are ahead, and we have not covered
24 23 Changes Do it from the new
in the live class, then please skip this
video once shared
and move forward and do once over
Yield Curve Strategies in live class.
25 24 Credit Strategies Same (blank) (blank)
The subject is unrelated to any other
subject, but the 4 chapters within
26 - New needs to be done at a stretch.
Introduction to Equity Portfolio Completed in live, shall be shared on
Management (blank) drive.
27 - Passive Equity Investing New (blank) (blank)
28 - Active Equity Investing: Strategies New (blank) (blank)
Active Equity Investing: Portfolio
29 - New (blank)
Construction (blank)
The content has
If you have 2018 books, use the class
been rearranged,
30 26 Changes given, else the new class shall be
Alternative Investments Portfolio but it is exactly the
shared on drive by 5th Jan
Management same
31 27 Risk Management Same (blank) (blank)
2 los have been
You may use the old class, new is
rearranged. The
32 28 Same already done and shall be shared on
Risk Management Applications of content is the
drive
Forward and Futures Strategies same.
Risk Management Applications of
33 29 Same (blank) (blank)
Option Strategies
Risk Management Applications of
34 30 Same (blank)
Swap Strategies (blank)
35 31 Execution of Portfolio Decisions Same (blank) (blank)
Los I - The points
have been made
You can easily use the class given,
36 33 Changes less detailed, but
shall be covered in live later
they are exactly
Evaluating Portfolio Performance the same
Los u- in the
example a point
The last Los - from the old book, pdf
has been split into
shall be shared - use that as a better
two, and a less
detailed answer was earlier given,
37 34 Changes detailed answer is
even in the new class, I shall be using
given compared to
the detailed solution as it is an
before. Although
important question
the content is the
Overview of the Global Investment
same.
Performance Standards
- 20 Market Indexes and Benchmarks Deleted (blank) (blank)

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 Readin Readin
Details of
g No g No Topic Changes Trainer Remarks on Changes
Changes
(2019) (2018)
- 25 Equity Portfolio Management Deleted (blank) (blank)
32 Monitoring and Rebalancing Deleted (blank) (blank)

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