Contents of a Bond Indenture

Contents of a Bond Indenture | CFA Level I Fixed Income Welcome to the second part of our introduction to fixed income! In this lesson, we’ll discuss the contents of a bond indenture. Trust Deed and Bond Indenture The trust deed, also known as the bond indenture, is a legal contract that outlines the bond’s structure, issuer’s obligations, and bondholder’s …

Fixed-Income Instrument Features

Venture into the realm of fixed-income investments and discover the building blocks of bonds, including their features, how they’re structured, and what makes them tick. You’ll get to grips with the foundational elements like maturity dates, coupon rates, and how they’re used in the real world of finance. Basic Features of Fixed Income Securities Ready to dive into the world …

Investments in Digital Assets

Navigating the Digital Asset Landscape | CFA Level I Welcome to an in-depth exploration of digital assets, a key area for modern investors and CFA candidates alike. This guide delves into the intricacies of digital asset exchanges, the nuances of direct versus indirect investment, and the unique risk-return profiles of digital assets. Introduction to Digital Asset Exchanges Cryptocurrency trading platforms, …

Digital Ledger Technology and Digital Assets

Understanding Digital Assets and Ledger Technology | CFA Level I Digital assets and distributed ledger technology (DLT), including blockchain, are revolutionizing financial markets and investment strategies. This guide aims to demystify these concepts for CFA candidates, offering insights into their mechanisms, categories, and implications for investors. Introduction to Distributed Ledger Technology At the core of digital assets lies distributed ledger …

Natural Resources

Explore the unique investment avenues of natural resources, focusing on timberland, farmland, and commodities. You’ll learn about their income characteristics, how returns are influenced by various factors, and the complexities of commodity investments and pricing. Timberland and Farmland Step into the green expanse of timberland and farmland as potential alternative investments. Get to know how their income characteristics differ and …

Real Estate and Infrastructure

Unlock the potential of real estate and infrastructure investments as you navigate through their diverse landscapes. From understanding the various types of real estate investments and their performance measures to strategizing in infrastructure investment for both steady and adventurous investors, this lesson paves the way for savvy decision-making in these tangible asset classes. Real Estate Investments Prepare to unlock the …

Hedge Funds

Step into the elite world of hedge funds, where you’ll learn the essentials of aggressive management strategies, the balance between high risks and rewards, and the intricacies of fee structures. This lesson is a deep dive into the strategic maneuvers that make hedge funds a unique investment vehicle. Hedge Fund Strategies This lesson is your VIP pass into the dynamic …

Alternative Investment Features, Methods, and Structures

Step into the world of alternative investments and learn how they offer a different flavor compared to traditional stocks and bonds. You’ll get the scoop on their unique features, dive into the different ways to invest, and understand the structures that govern them. Categories of Alternative Investments This lesson kicks off your journey into the world of alternative investments, showcasing …

Lender vs Shareholder Claims

Capital Sources: Equity vs. Debt Corporations can raise capital through: Debt obligations must be fulfilled, and lenders have priority in claim over shareholders in liquidation scenarios. Shareholders, on the other hand, have residual claim to the net assets of the company. Risk & Return Profiles for Lenders & Shareholders Shareholders face higher risk due to share price volatility but have …

Investors and Other Stakeholders

Navigate the complex world of corporate finance by understanding the varying claims of lenders versus shareholders and the intricate web of corporate governance. Discover the significance of ESG (Environmental, Social, and Governance) in investment decisions. Lender vs Shareholder Claims Unpack the differences between lender and shareholder claims in the corporate world, emphasizing the priority of debt repayment over equity during …