Retrospective effectiveness testing
Performed at each reporting date following the documented methodology, demonstrating that actual results of the hedge fall within the 80 to 125 per cent range.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series XVI← All terms