Event Detail

Fundamentals of Investing (Ended)

Date, Time, and Location:
Tuesday, September 15, 2009 (add this event to your Outlook Calendar)
2:30 pm
The Standard Club, 320 S. Plymouth Court, Chicago, IL  60604   (Driving Directions)

Does your organization employ assistants or analysts to support investment professionals? Would your support staff be more productive and useful if investment professionals taught them the "Fundamentals of Investing?"

CFA Society of Chicago is pleased to announce our annual "Fundamentals of Investing" course. The course will run for six consecutive Tuesdays, beginning September 15. This course typically sells out, so register now!

Date and Location:
September 15 - October 20
(Six Consecutive Tuesdays)
The Standard Club
320 S. Plymouth Ct.
2:30 - 4:45 PM

Course Content

Sept. 15: Stocks and Equity Markets (Salient Characteristics, Stock Issuance, Stock Trading, Indexes, Trading Costs, Margin Trading, Short Selling, Security Regulation) - Taught by Ann Logue, CFA, freelance writer, consulting analyst, and instructor at the University of Illinois at Chicago.

Sept. 22: Overview of Financial Statements and Financial Ratios (Income Statement, Balance Sheet, Cash Flow Statement, Liquidity Ratios, Profitability Ratios, Asset Management Ratios, Valuation Ratios) - Taught by Ann Logue, CFA, freelance writer, consulting analyst, and instructor at the University of Illinois at Chicago.

Sept. 29: Bonds and Fixed Income Markets (Characteristics of Bonds, Types of Bonds, Calculating Present Value of Bonds, Yield to Maturity, Risks of Bonds, Duration) - Taught by Christopher Vincent, CFA, Principal, Head of Fixed Income Investment Management at William Blair & Co., LLC.

Oct. 6: Alternative Assets (Hedge Funds, Venture Capital, Real Estate, Commodities) - Taught by Kevin Vandolder, CFA, Principal at Ennis, Knupp & Associates.

Oct. 13: Mutual Funds and Investment Styles (Structure of Mutual Funds, Types of Mutual Funds, Investment Styles, Selecting Mutual Funds, Performance Evaluation, Costs) - Taught by Michael Falk, CFA, Vice President and CIO at ProManage LLC.

Oct. 20: Economy and Interest Rates (Inflation, Interest Rates, Money Supply, Gross Domestic Product, Productivity, Demographics, Unemployment) - Taught by Michele Gambera, Ph.D., CFA, Senior Research Consultant and Chief Economist at Ibbotson Associates.

Who should attend:

Investment assistants/analysts
Sales, marketing and client-service personnel
Trust administrators
Personal bankers
Other professionals supporting senior investment professionals

NOTE: CFA Chicago must have a minimum of 20 registrants in order to hold this course. Maximum capacity of 60 registrants.

Members/Non-members: $450
Student-members: $60 (limited student-member seats available)

(Cash, check or credit card only - NO FUNCTION TICKETS)

Credit card is required to guarantee all reservations except for ONLINE reservations using FUNCTION TICKETS.
(Visa, MasterCard, American Express and Diners Club are accepted)

For Reservations:
Register online below, or by phone: 312-251-1301

Registrations may be cancelled up until September 7.
After September 7, there will be no refunds.

Deadline to register is by 5pm, September 14. There will be a $25 surcharge for walk-ins if space is available.

Speaker Biographies

Michael S. Falk is a Vice President and the Chief Investment Officer at ProManage LLC. Mr. Falk is responsible for developing and monitoring ProManage's investment policies and procedures. He directs the investment manager research effort, as well as the construction of investment portfolios. He is the Chair of the company's Investment Committee as well as the primary liaison among the Investment Committee, the company and its clients.

Aside from his duties at ProManage, Mr. Falk is part of the CFA Institute's Speaker Retainer Program, an active committee member for the Profit Sharing 401(k) Council of America, and teaches as an adjunct professor at DePaul University in their CFP Certificate Program, as well as on behalf of the CFA Society of Chicago. In addition, he frequently writes and speaks on retirement industry and investing issues.

Mr. Falk graduated from the University of Illinois with a B.S. in Finance. He is also a CFA Charterholder, a member of the CFA Institute, and holds the CRC designation.

Michele Gambera is a senior research consultant and the chief economist in the research group at Ibbotson Associates, a wholly owned subsidiary of Morningstar, Inc. In this role, Dr. Gambera contributes to the firm's asset allocation and investment processes and writes the firm's investment strategy and market commentaries. Dr. Gambera joined Morningstar in 2000 as senior quantitative analyst and was responsible for developing and testing mathematical and statistical models for Morningstar's investment advice methodology. Before joining Morningstar, Dr. Gambera taught international macroeconomics at West Virginia University and worked as an economist for the Federal Reserve Bank of Chicago. He is also an adjunct professor at the Stuart School of Business of the Illinois Institute of Technology, teaching econometrics.

Dr. Gambera holds a bachelor's degree in economics from the University of Trento in Italy, a master's degree and Ph.D. in economics from Pennsylvania State University.

Ann Logue is a freelance writer, consulting analyst, and instructor at the University of Illinois at Chicago. She is the author of Hedge Funds for Dummies (Wiley, 2006), and has also written for Barron's, The New York Times, Newsweek Japan and Compliance Week, among other publications. Her current career follows 12 years of experience as an investment analyst.

Ms. Logue holds a B.A. from Northwestern University, an M.B.A. from the University of Chicago, and the Chartered Financial Analyst designation.

Kevin Vandolder is a principal at Ennis Knupp & Associates, where he serves as a primary consultant and manages consulting assignments for a select number of the firm's retainer and project clients. Mr. Vandolder has led the firm's defined contribution investment management research group for several years. Before joining the firm in 1996, Mr. Vandolder spent over four years in the corporate finance group of the $9 billion Canadian Westcoast Energy group of companies and has previously served in the Canadian Navy.

Mr. Vandolder holds a B.Comm. degree in finance from the University of Windsor and is a former President and Treasurer of the CFA Society of Chicago. In addition, he has served as an adjunct faculty member at DePaul and Northwestern University.

Mr. Vandolder is former Chairman of the CFA Society of Chicago.

Christopher T. Vincent is a Principal at William Blair & Company, where he heads the Fixed Income Group within the Investment Management division. He joined the firm in June 2002 as a fixed-income portfolio manager. Mr. Vincent began his institutional investment career in 1983, and was previously a managing director/senior fixed-income portfolio manager with Zurich Scudder Investments for 14 years. Before that, he was with Ralston Purina Company for five years in the treasury department in the plan sponsor role, where he was responsible for fixed-income investments for the company's benefit plans.

Mr. Vincent serves on the board of the CFA Society of Chicago. He holds a B.S.B.A. from the University of Missouri and an M.B.A. from Saint Louis University.

Content shared during CFA Society Chicago programs is not, and nothing in it should be construed as, an offer, invitation or recommendation of any specific financial services company or professional, or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy, any securities in any jurisdiction. By registering for and attending this event, you acknowledge that any photographs that may be taken are the property of CFA Society Chicago and give your consent to their use in CFA Society Chicago's online and print business communications and marketing.