LI
LiabilityDeskHopeful2026-05-20
cfaLevel IFixed IncomeImmunization
Is immunization basically just matching my bond portfolio duration to the liability horizon?
Some notes make it sound that simple, but a few practice questions keep mentioning present value matching and rebalancing. What is the minimum picture I should keep in mind?
42 upvotes
AcadiFi TeamVerified Expert
AcadiFi Certified ProfessionalDuration matching is necessary, but it is not the whole immunization story.
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