CFA® Level I exam drill: Portfolio Construction

10 questions · Untimed · Worked answer after each question

Portfolio risk and return, the CAPM, performance measures, the portfolio management process, behavioral biases and risk management. Ten questions from our portfolio construction bank, with the full working after each answer.

Line drawing of a basket of different eggs, a compass, a small balance scale and a potted plant

Before you start

Every question has three choices (A, B, C) and one correct answer, as on the real exam. Keep your BA II Plus or HP 12C next to you for the calculations.
Check each answer to see the full working before moving on. Checked answers cannot be changed.

Create a free account before you start

Create a free account to start. Every drill includes one free attempt. The Level I exam pass unlocks the full timed mock and unlimited drills for every topic.

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