本次金融经济代写的主要内容是投资组合相关的Essay报告
在主显节期间，您需要使用StockTrak投资组合模拟软件（提供程序运行方式的详细信息）来构建资产组合，并在整个期间管理和监视其绩效。投资期限为2021年1月11日星期一至4月2日星期五。
1,000,000美元的初始资金可用于购买资产（股票，债券，共同基金和ETF）。每笔交易收取$ 10的佣金，因此更多交易将产生更高的交易成本。在模拟期间，交易总数限制为200。
请注意，您需要在StockTrak上注册一个个人帐户，以进行2020-21年SIA汇总评估。
将通过一份单独的书面报告对作业进行评估，该书面报告将严格讨论以下内容：
决定您的投资决策的主要经济和金融环境的性质，以及这些因素对投资组合绩效的潜在影响。
支撑投资组合建设的投资理念
构建您的投资组合时所采用的投资策略（您的投资理念和策略应仔细区分）。
广泛部门之间资产配置的原理以及指导选择单个证券的原则（技术和/或基本分析的应用）。
投资组合相对于所选基准的绩效（以及选择基准的理由）。
使用适当的投资组合绩效指标评估投资组合的风险/回报特征（应在证券选择，市场时机和多元化方面考虑投资组合的绩效）。
如果在模拟阶段结束时要求您构建新的投资组合，则您的投资策略的优缺点以及所学到的任何经验教训可能会改变您的投资决策。
整个讨论过程应以适当的学术和从业文献为基础。
总字数限制：3500
提交说明
您完成的作业必须上传到DUO
不迟于2021年4月15日中午12:00
SUMMATIVE ASSIGNMENT
During Epiphany Term you are required to construct a portfolio of assets and manage and monitor its performance throughout the term using the StockTrak Portfolio Simulation software (details of the way in which the programme operates are provided). The investment period runs from Monday 11th January until Friday 2 April 2021.
An initial fund of $1,000,000 is available to purchase assets (equities, bonds, mutual funds, and ETFs). A $10 commission is charged for each trade so more trading will entail greater transaction costs. The total number of transactions is limited to 200 for the simulation period.
Please note that you are required to register an individual account on StockTrak for the SIA Summative Assessment 2020-21.
The assignment will be assessed by means of an individual written report that critically discusses the following:
- the nature of the prevailing economic and financial environment that shapes your investment decision-making and the potential impact of these on the performance of the portfolio.
- the investment philosophy that underpins the construction of the portfolio
- the investment strategy adopted in constructing your portfolio (your investment philosophy and strategy should be carefully distinguished from one another).
- the rationale for the allocation of assets between broad sectors and the principles that have guided the choice of individual securities (the application of technical and/or fundamental analysis).
- the performance of the portfolio in relation to a chosen benchmark (and a justification for the choice of benchmark).
- the risk/return characteristics of the portfolio using appropriate portfolio performance measures (consideration should be given to the performance of your portfolio in terms of security selection, market timing, and diversification).
- the strengths and weaknesses of your investment strategy and how any lessons learned might alter your investment decision-making if you were asked to construct a new portfolio at the end of the simulation period.
The discussion should be underpinned by appropriate academic and practitioner literature throughout.
Overall word limit: 3500
SUBMISSION INSTRUCTIONS
Your completed assignment must be uploaded to DUO
no later than 12:00 midday on 15 April 2021
A penalty will be applied for work uploaded after 12:00 midday as detailed in the Programme Handbook. You must leave sufficient time to fully complete the upload process before the deadline and check that you have received a receipt. At peak periods, it can take up to 30 minutes for a receipt to be generated.
Assignments should be typed, using 1.5 spacing and an easy-to-read 12-point font. Assignments must not exceed the word count indicated in the module handbook/assessment brief.
The word count should:
- Include all the text, including title, preface, introduction, in-text citations, quotations, footnotes and any other items not specifically excluded below.
- Exclude diagrams, tables (including tables/lists of contents and figures), equations, executive summary/abstract, acknowledgements, declaration, bibliography/list of references and appendices. However, it is not appropriate to use diagrams or tables merely as a way of circumventing the word limit. If a student uses a table or figure as a means of presenting his/her own words, then this is included in the word count.
Examiners will stop reading once the word limit has been reached, and work beyond this point will not be assessed. Checks of word counts will be carried out on submitted work, including any assignments or dissertations/business projects that appear to be clearly over-length. Checks may take place manually and/or with the aid of the word count provided via an electronic submission. Where a student has intentionally misrepresented their word count, the School may treat this as an offence under Section IV of the General Regulations of the University. Extreme cases may be viewed as dishonest practice under Section IV, 5 (a) (x) of the General Regulations.
Very occasionally it may be appropriate to present, in an appendix, material which does not properly belong in the main body of the assessment but which some students wish to provide for the sake of completeness. Any appendices will not have a role in the assessment – examiners are under no obligation to read appendices and they do not form part of the word count. Material that students wish to be assessed should always be included in the main body of the text.
Guidance on referencing can be found in the programme handbook and on DUO.
MARKING GUIDELINES
Performance in the summative assessment for this module is judged against the following criteria:
- Relevance to question(s)
- Organisation, structure and presentation
- Depth of understanding
- Analysis and discussion
- Use of sources and referencing
- Overall conclusions
PLAGIARISM AND COLLUSION
Students suspected of plagiarism, either of published work or the work of other students, or of collusion will be dealt with according to School and University guidelines.
END OF ASSESSMENT