This course explores the methods and practice of investment management strategies and techniques. The course highlights the Canadian investment environment, the global securities market, and the risk/return profiles associated with different types of investment vehicles. Emphasis is placed on the key characteristics of mutual funds, ETFs and hedge funds as well as appropriate asset allocation strategies. Topics also include behavioural finance, application of technical analysis, and trading and investment strategies that use derivative securities such as options, futures, forward and swap contracts.
1. Introduction to the Canadian investment environment.
2. Global capital markets and investment instruments.
3. The structure and evolution of asset management industry.
4. Fundamentals of mutual funds, ETFs and hedge funds.
5. Fund management fees and other fund charges.
6. Value vs. Growth investing and correlation of investment style and risk.
7. Passive vs. Active management and asset allocation strategy.
8. Behavioural finance and technical analysis.
9. Futures, forwards and swap contracts.
10. Application of options trading strategies.
11. Derivatives in portfolio insurance.
Methods of Instruction
A combination of lectures, supplementary materials & presentations and class presentations.
Means of Assessment
|Project & Presentation
|Class Assignments and Participation
At the end of the course, the student should be able to:
1. describe the Canadian investment environment and the global capital markets;
2. explain and evaluate the risk and return profiles associated with different types of securities;
3. describe and evaluate mutual funds and ETFs by categories and subcategories based on security type, investment objective and style;
4. provide an in-depth explanation of expense ratios, loads and other fund charges;
5. determine the role that mutual funds, ETFs and hedge funds should play in individual/institutional investor’s portfolio; outline appropriate asset allocation strategies;
6. build a portfolio of funds that is suitable to investor’s goals and unique situation;
7. describe the concept of behaviour finance and its implications;
8. conduct an actual technical analysis on a given portfolio of securities; and
9. understand the concept of derivative securities and illustrate the way they are used as investment strategies in hedging, trading and portfolio insurance.
(FINC 3350 or FINC 3390) with a grade of “C” or Instructor permission
Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester/year of the course, consider the previous version as the applicable version.
Below shows how this course and its credits transfer within the BC transfer system.
A course is considered university-transferable (UT) if it transfers to at least one of the five research universities in British Columbia: University of British Columbia; University of British Columbia-Okanagan; Simon Fraser University; University of Victoria; and the University of Northern British Columbia.
For more information on transfer visit the BC Transfer Guide and BCCAT websites.
If your course prerequisites indicate that you need an assessment, please see our Assessment page for more information.