RO2 Remote Revision Course (Second Event)

To significantly improve delegates’ chances of passing the exam by developing an understanding of the key technical points that are likely to be tested.

This will be a one day event.

Learning Objectives

By the end of the event delegates will be able to:

• Identify the main economic factors that will affect investments and their performance
• Identify the risks, rewards and taxation of the main asset classes; cash, Bonds, Equities, Property and Commodities
• Calculate accurately and interpret the key performance measures of bonds and shares
• Explain the main investment risks as they apply to different investments.
• Identify the main methods of risk mitigation
• Identify the principles and taxation of the main retail pooled investments; unit trusts, OEIC, ETF, ISA, Real Estate Investment Trusts, qualifying and non-qualifying life policies, EIS, SEIS, VCT
• Identify the main investment strategies and their limitations
• Identify the relationship between an adviser and client in constructing an appropriate portfolio
• Identify the principles of portfolio construction together with the impact of charges on the performance of a portfolio.
• Identify the need to review and rebalance the portfolio
• Identify the main methods of calculating an investment or portfolio’s performance

Session 1 = 09.30 to 11.00

The main asset classes and principles of risk theory

• The key characteristics and risks of Cash, Bonds, Equities, Property and Commodities
• How to do basic compounding and discounting calculations.
• The main performance measures for Bonds, Equities and Property
• The significance of volatility and liquidity
• The significance of standard deviation and beta
• The principles of Modern Portfolio Theory

Session 2 = 11.30 to 13.00

The main collective investments

• The principles and taxation of the main retail pooled investments; unit trusts, OEIC, ETF, ISA, Real Estate Investment Trusts, qualifying and non-qualifying life policies, EIS, SEIS, VCT
• The difference between open ended and closed ended funds

Session 3 = 13.45 to 15.15

Investment strategies

• The main investment strategies and their limitations.
• The relationship between an adviser and client in constructing an appropriate portfolio
• The need to review and rebalance the portfolio
• The impact of charges on portfolio performance

Session 4 = 15.30 to 17.00

Performance evaluation

• Calculation of Holding Period, Money Weighted and Time Weighted returns
• Calculation of alpha
• Calculation of the Sharpe and Information ratio

Booking:

This event is restricted to 18 members to allow for maximum participation. Due to the limited capacity, this event is only available to members of the following Insurance Institutes: Bedford, Cambridge, Chelmsford, Ipswich, Luton, Norwich and Peterborough.

Please note: This event is a regional collaboration between the local institutes in the area. Your booking details will be shared with the Insurance Institute of Chelmsford and South Essex, which is acting as the host institute for this event.