Online Course: Investment Policy Statements
CFA Institute members or candidates currently enrolled to take the CFA exams can take advantage of this free online course offered by CFA Institute. Click here to launch the course
This course is designed to familiarize you with the potential benefits for both clients and investment advisers of having a formal investment policy statement (IPS).
After completing this course, you will be able to review the process involved in creating an IPS for a client, discuss each of the major objectives that an individual investor’s IPS includes, distinguish between an individual investor’s ability to take risk and willingness to take risk, and discuss how to set risk and return objectives for individual investor portfolios.
You will also be able to discuss each of the major constraints that an individual investor’s IPS includes and formulate and justify an IPS for an individual investor. This course also includes two cases studies that will allow you to apply what you learn.