不能很好的理解CFA考試知識(shí)點(diǎn)怎么能做對(duì)考題呢？今天我們來(lái)說(shuō)說(shuō)CFA一級(jí)中的組合管理中的CML和SML的對(duì)比，這也是難點(diǎn)之一。今天給你分析一下！

CML和SML的對(duì)比

CFA考試知識(shí)點(diǎn)

Unsystematuc risk and systematic risk

Unsystematuc risk :The risk that can be eliminated by diversification,also called unique,diversifiable ,firm-specific risk

systematic risk: The left risk that can not be diversified away

CFA考試知識(shí)點(diǎn)

 Systematic Risk is Relevant in Portfolios
One important conclusion of capital market theory:
Equilibrium security returns = systematic risk, not its total risk as measured by standard deviation.
Unsystematic risk is not compensated
One of the assumptions of the model: Diversification is free.