Summer Special Limited Time 60% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: big60

Page: 1 / 12

Investments & Banking Canadian Investment Funds Course Exam

Canadian Investment Funds Course Exam

Last Update Jul 24, 2024
Total Questions : 224

To help you prepare for the CIFC IFSE Institute exam, we are offering free CIFC IFSE Institute exam questions. All you need to do is sign up, provide your details, and prepare with the free CIFC practice questions. Once you have done that, you will have access to the entire pool of Canadian Investment Funds Course Exam CIFC test questions which will help you better prepare for the exam. Additionally, you can also find a range of Canadian Investment Funds Course Exam resources online to help you better understand the topics covered on the exam, such as Canadian Investment Funds Course Exam CIFC video tutorials, blogs, study guides, and more. Additionally, you can also practice with realistic IFSE Institute CIFC exam simulations and get feedback on your progress. Finally, you can also share your progress with friends and family and get encouragement and support from them.

Questions 4

Karen’s know your client (KYC) profile corresponds to someone who has a long time horizon, is comfortable with risk and volatility, and is primarily interested in growth. She watches the daily movements of the Toronto Stock Exchange (TSX) and wants a mutual fund that will closely match what she sees.

What kind of mutual fund would be BEST for her?

Options:

A.  

Canadian small capitalization equity fund

B.  

Canadian equity index fund

C.  

Canadian dividend fund

D.  

Canadian bond fund

Discussion 0
Questions 5

Jasmine purchases a 1-year, $10,000 face value strip bond for $9,600. At maturity, when Jasmine receives $10,000, which of the following statements is CORRECT?

Options:

A.  

Jasmine realizes a capital dividend of S400.

B.  

Jasmine realizes a taxable dividend of $400.

C.  

Jasmine realizes a taxable capital gain of $400.

D.  

Jasmine realizes interest income of $400.

Discussion 0
Questions 6

Which of the following Dealing Representatives has fulfilled their "Know Your Product" obligation?

Options:

A.  

Godfried opens an account for his new client, Nadia. When the investments from her previous dealer are transferred in, Godfried sells the investments. Nadia becomes very upset when she is charged $4,329 in redemption fees that neither she nor Godfried expected.

B.  

Otev meets with his client, Saeed. Saeed's brother invested in the Navigator Eastern Asia Fund and it provided great returns. When Saeed asks Otev if the Navigator Fund or something similar is available through his firm, Otev doesn't know and doesn't look it up.

C.  

Rehan reviews the features of the Hedge Fund that her client, Georgi, wants to buy. When Rehan explains the product to Georgi, she tells him that the Hedge Fund has a lock-up period and he will not be able to redeem the fund if he needs the money.

D.  

Tevy recommends the firm's in-house Principal Protected Note (PPN) to her client Mei. Since Mei is seeking safety and liquidity, Tevy determines that the PPN is a good product for her because it's on the firm's list and the principal is guaranteed.

Discussion 0
Nell
Are these dumps reliable?
Ernie (not set)
Yes, very much so. Cramkey Dumps are created by experienced and certified professionals who have gone through the exams themselves. They understand the importance of providing accurate and relevant information to help you succeed.
Ivan
I tried these dumps for my recent certification exam and I found it pretty helpful.
Elis (not set)
Agree!!! The questions in the dumps were quite similar to what came up in the actual exam. It gave me a good idea of the types of questions to expect and helped me revise efficiently.
Lennie
I passed my exam and achieved wonderful score, I highly recommend it.
Emelia (not set)
I think I'll give Cramkey a try next time I take a certification exam. Thanks for the recommendation!
Atlas
What are these Dumps? Would anybody please explain it to me.
Reign (not set)
These are exam dumps for a variety of IT certifications. They have a vast collection of updated questions and answers, which are very helpful in preparing for the exams.
Questions 7

Barend is a Dealing Representative with Planvest Group Inc., a mutual fund dealer and member of the Mutual Fund Dealers Association of Canada (MFDA). Which of the following CORRECTLY describes

Barend's obligation for conflicts of interest?

Options:

A.  

Barend must identify material conflicts of interest and implement controls on behalf of the firm.

B.  

Barend must disclose material conflicts of interest that cannot be addressed in the best interest of the client.

C.  

Barend must avoid material conflicts of interest that cannot be addressed in the best interest of the client.

D.  

Barend must identify material conflicts of interest and promptly report the conflicts of interest to clients.

Discussion 0

CIFC
PDF

$40  $99.99

CIFC Testing Engine

$48  $119.99

CIFC PDF + Testing Engine

$64  $159.99