Review a compact Advanced Investment Strategies (AIS) cheat sheet for client constraints, portfolio process, analysis, debt and fund selection, alternatives, international investing, taxation, portfolio solutions, and wealth-protection traps before Finance Prep practice.
Use this AIS cheat sheet as an advanced-strategy checklist before mixed practice. The exam usually rewards the answer that starts with the client constraint, then checks analysis quality, product fit, tax context, portfolio role, and implementation risk.
| Item | AIS cue |
|---|---|
| Provider | CSI |
| Exam | Advanced Investment Strategies |
| Format | 75 multiple-choice questions in 2 hours |
| Main practice behavior | client constraints, analysis, alternatives, international and tax context, portfolio solutions, and strategy selection |
| Finance Prep status | live practice available |
| Area | What to know | Common trap |
|---|---|---|
| Client and portfolio process | objectives, risk profile, constraints, IPS logic, asset allocation | choosing a product before identifying the client constraint |
| Fundamental and technical analysis | ratios, valuation, trend evidence, market signals, limitations | treating one indicator as a complete decision |
| Debt and fund selection | credit, duration, yield, fund structure, fees, benchmark, manager style | choosing yield or recent performance without fit analysis |
| Alternatives | hedge funds, real assets, structured exposures, liquidity, leverage, fees | assuming sophisticated products diversify automatically |
| International and taxation | currency, withholding, tax treatment, global risk, diversification | ignoring tax or currency when comparing strategies |
| Portfolio solutions | allocation, rebalancing, strategy purpose, risk trade-offs, implementation | mixing strategy names without explaining portfolio role |
| Protecting investments | insurance, guarantees, estate or risk-transfer tools, downside protection | confusing protection with return enhancement |
| Wealth accumulation barriers | behaviour, inflation, fees, taxes, liquidity, concentration, longevity | solving the investment problem while missing the planning obstacle |
After each AIS set, classify misses as client constraint, analysis evidence, debt/fund selection, alternatives, international/tax context, portfolio solution, protection, or wealth barrier. If the right answer started with a client fact rather than a product feature, drill client-and-portfolio-process questions before another mixed run.