Mutual Fund Mastery case studies, worked step by step

Cases
100
Traced to a firm
31
Topics
14
Hard
32
Topic
All topicsEquity research and stock pitches15Fund selection and due diligence9Debt fund credit decisions8Client portfolios and goal planning9Index funds, ETFs and passive6AMC and distribution economics6Performance review and attribution6Duration and rates positioning6Liquidity, redemptions and stress7Scheme design and product strategy7Compliance, risk limits and conduct6Valuing listed securities: IPOs, DCF and REITs5NAV operations and operational risk5Retirement, withdrawals and life events5
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–2 of 2 · filtered from 100Clear filters
  1. 045A dynamic bond fund expects rate cuts and must choose between a 10-year callable bond with modified duration 7.1 and effective duration 4.2, and a 7-year bullet with duration 5.6, at similar yields. Which gains more from a 100 basis point fall, and what allocation would you run today?Duration and rates positioningHardAmundiLondon · 2018
  2. 092A floating rate fund (quarterly resets, spread duration 2.5, rate duration 0.3) and a short duration fund (duration 2.4) both yield 7.4%. If rates rise 100 basis points and credit spreads widen 50, what does each lose, and which risk did the floater investor keep?Duration and rates positioningHardFixed income desksIndian AMCs

Company names and figures are illustrative.