PRACTICE BY UNIT
CFA Level I — Alternative Investments: 98 practice questions
98 original CFA Level I questions on Alternative Investments, each with an explanation and its source. Topics: Features, Methods and Fee Structures, Private Capital, Real Estate and Infrastructure, Natural Resources, Hedge Funds and Digital Assets. One free sample is below; the rest of the questions are available with a paid plan.
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FREE SAMPLE
One Alternative Investments question with explanations
Open a question, choose an answer in your head, then open the explanation.
Q1 Features, Methods and Fee Structures（特徴・投資手法・手数料構造）Features, Methods and Fee Structures
Compared with traditional investments, alternative investments are least likely to have:
- low liquidity.
- high fees.
- a high degree of regulation and transparency.
Show the answer and explanation
Answer: C. C is correct. Alternative investments usually face less regulation and offer less transparency than publicly traded stocks and bonds.
Sources: CFA Institute, 2026 Level I Topic Outlines (Learning Outcome Statements): Alternative Investments
That's the free sample. The rest of the questions are available with a paid plan.
That's the free sample. The rest is available with a plan.
See plansTopics in Alternative Investments
- Features, Methods and Fee Structures（特徴・投資手法・手数料構造）Features, Methods and Fee Structures 27
- Private Capital, Real Estate and Infrastructure（プライベート・キャピタル・不動産・インフラ）Private Capital, Real Estate and Infrastructure 39
- Natural Resources, Hedge Funds and Digital Assets（天然資源・ヘッジファンド・デジタル資産）Natural Resources, Hedge Funds and Digital Assets 32
FAQ
Are these CFA Level 1 Alternative Investments questions free?
The sample question on this page is free to read, with the answer and sources. The full set of 98 Alternative Investments questions is in the paid plans.
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No. Every question is original and written by Sakakikaen Co., Ltd. examplat is not affiliated with or endorsed by the organisation that runs CFA Level I. Check its website for the current syllabus.
OTHER UNITS
CFA Level I practice questions by unit
- Ethical and Professional Standards（倫理・職業行為基準）Ethical and Professional Standards 203
- Quantitative Methods（定量分析）Quantitative Methods 85
- Economics（経済学）Economics 85
- Financial Statement Analysis（財務諸表分析）Financial Statement Analysis 144
- Corporate Issuers（コーポレート・イシュアー）Corporate Issuers 85
- Equity Investments（株式投資）Equity Investments 144
- Fixed Income（債券）Fixed Income 144
- Derivatives（デリバティブ）Derivatives 76
- Portfolio Management（ポートフォリオ・マネジメント）Portfolio Management 116
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