Learning Outcome Statements

1. A Portfolio Perspective on Investing

a. describe the portfolio approach to investing;

2. Investment Clients

b. describe types of investors and distinctive characteristics and needs of each;

c. describe defined contribution and defined benefit pension plans;

3. Steps in the Portfolio Management Process

d. describe the steps in the portfolio management process;

4. Pooled Investments

e. describe mutual funds and compare them with other pooled investment products.