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CPS Certified Portfolio Specialist VIP Practice Exam
CPS — The Certified Portfolio Specialist (CPS) designation is awarded by the Institute of Business & Finance (IBF). Candidates complete a self-study curriculum and pass a proctored multiple-choice examination covering Modern Portfolio Theory, asset allocation, risk analytics, portfolio construction, behavioral finance, performance measurement, and tax-aware investing.
55
Questions
120m
Time Limit
70.00%
To Pass
Question 1 of 55👑 VIP
A client holds a portfolio with an expected return of 9.2% and a standard deviation of 14.5%. The risk-free rate is 4.0%. What is the portfolio's Sharpe ratio, and how should a CPS use this metric when comparing two portfolios with different expected returns?
Questions 2–55 and full explanations are VIP-exclusive.