FORMAL CIFC TEST & CIFC LATEST MATERIALS

Formal CIFC Test & CIFC Latest Materials

Formal CIFC Test & CIFC Latest Materials

Blog Article

Tags: Formal CIFC Test, CIFC Latest Materials, Valid Dumps CIFC Sheet, CIFC Test Dumps Demo, Free CIFC Exam Questions

BTW, DOWNLOAD part of PassCollection CIFC dumps from Cloud Storage: https://drive.google.com/open?id=1UmT37Z19HRUwc40Jx5e7fkO5CTXB0YV6

As long as you are willing to exercise on a regular basis, the CIFC exam will be a piece of cake, because what our CIFC practice materials include is quintessential points about the exam. And our high pass rate as 98% to 100% are all proved data form our customers who had attended the CIFC Exam and got their success with the help of our CIFC study dumps. So just come on and join our success!

Our company offers valid IFSE Institute CIFC Exam Cram materials; you can purchase our products any time as we are 7*24 on duty throughout the whole year. We can guarantee you that if you purchase our CIFC exam cram materials you can pass test at first attempt without large time and energy. If the test questions change, candidates share one year updates materials and service warranty, or if you fail exam we will full refund directly.

>> Formal CIFC Test <<

IFSE Institute CIFC Latest Materials | Valid Dumps CIFC Sheet

As a prestigious platform offering practice material for all the IT candidates, PassCollection experts try their best to research the best valid and useful IFSE Institute CIFC exam dumps to ensure you 100% pass. The contents of CIFC exam training material cover all the important points in the CIFC Actual Test, which can ensure the high hit rate. You can instantly download the IFSE Institute CIFC practice dumps and concentrate on your study immediately.

IFSE Institute Canadian Investment Funds Course Exam Sample Questions (Q188-Q193):

NEW QUESTION # 188
Which of the following could be a passively managed fund?

  • A. exchange traded fund (ETF)
  • B. labour-sponsored investment fund
  • C. hedge fund
  • D. commodity pool

Answer: A

Explanation:
Explanation
A passively managed fund is a type of investment fund that follows a predetermined strategy or rule to track the performance of a market index, such as the S&P 500, or a specific sector, such as technology or health care. A passively managed fund does not involve active decision-making by the fund manager, who simply replicates the composition and weighting of the index or sector. A passively managed fund aims to match the return and risk of the index or sector, rather than outperform it. A passively managed fund typically has lower fees and expenses than an actively managed fund, as it requires less research, trading, and oversight.
An exchange traded fund (ETF) is a type of passively managed fund that trades on a stock exchange like a common stock. An ETF holds a basket of securities that mirrors an index or sector, and its price fluctuates throughout the day based on supply and demand. An ETF allows investors to gain exposure to a diversified portfolio of securities with low costs, high liquidity, and tax efficiency.
A commodity pool is a type of investment fund that invests in futures contracts or options on commodities, such as oil, gold, or wheat. A commodity pool is usually actively managed by a commodity trading advisor (CTA), who uses various strategies to generate returns from the price movements of commodities.
A hedge fund is a type of investment fund that employs sophisticated and often aggressive strategies to achieve high returns and reduce risk. A hedge fund is usually actively managed by a hedge fund manager, who has wide discretion and flexibility to use various instruments, such as derivatives, leverage, short selling, arbitrage, etc. A hedge fund is typically available only to accredited investors who meet certain income and net worth criteria.
A labour-sponsored investment fund (LSIF) is a type of investment fund that provides venture capital to small and medium-sized Canadian businesses, while offering tax benefits to investors. An LSIF is usually actively managed by a labour union or an organization affiliated with a labour union, who selects the companies to invest in based on their potential for growth and job creation.
References: Canadian Investment Funds Course, Chapter 4: Types of Investments1


NEW QUESTION # 189
Yesterday, Mariana who is new to investing and purchased mutual funds for the very first time. She shared her excitement with her good friend, Julius. However, after Julius learned about her investment, he admits that he had a bad experience with mutual fund investing and that he lost money. Mariana regrets not talking to Julius prior to making her decision. Her feelings of enthusiasm have changed to fear. She is wondering if it is too late to change her mind and cancel her purchase order.
Which statement regarding the right of withdrawal is CORRECT?

  • A. The Canadian Securities Administrators (CSA) created legislation that addresses the right of withdrawal for investors.
  • B. The Mutual Fund Dealers Association of copyright (MFDA) have written conduct rules regarding the right of withdrawal.
  • C. Mariana has to wait two business after her purchase order has been settled to exercise the right of withdrawal.
  • D. The right of withdrawal for investors can be different depending on which province (or territory) the fund was purchased within.

Answer: D

Explanation:
Explanation
The right of withdrawal is a statutory right that allows investors to cancel their purchase order of mutual funds within a specified period of time and receive a refund of the amount they paid. The right of withdrawal is also known as the cooling-off period or the rescission right. The right of withdrawal for investors can be different depending on which province (or territory) the fund was purchased within, as each jurisdiction has its own securities legislation and regulations that govern the mutual fund industry. For example, in Ontario, the right of withdrawal is two business days after receiving the simplified prospectus or the fund facts document, whichever is later1. In Quebec, the right of withdrawal is two business days after receiving the simplified prospectus or confirmation of purchase, whichever is later2. In British Columbia, the right of withdrawal is 48 hours after receiving confirmation of purchase3. Therefore, Mariana may still be able to exercise her right of withdrawal, depending on where she bought her mutual funds and when she received the required documents. References:
* Canadian Investment Funds Course (CIFC) Study Guide, Chapter 3: The Regulatory Environment, Section 3.2: The Right of Withdrawal, page 3-54
* Ontario Securities Commission - Mutual Funds - Buying and Selling1
* Autorite des marches financiers - Mutual Funds - Buying and Selling2
* British Columbia Securities Commission - Mutual Funds - Buying and Selling3


NEW QUESTION # 190
Your client, Cosmo, recently inherited $50,000 from his uncle. He wants to use this money towards his retirement savings. Cosmo is a 50-year old, self-employed carpenter and he earns on average $65,000 per year. He has a registered retirement savings plan (RRSP) with the bank worth $425,000 and a tax-free savings account (TFSA) worth $46,000. He started saving when he was 25 years old and has always made his own investment decisions. His money is mostly invested in balanced funds. He feels most comfortable with these types of mutual funds since they offer potential investment growth but without being too aggressive. Cosmo has no other assets.
What additional information do you need about Cosmo to fulfill your know your client obligation?

  • A. income and net worth
  • B. time horizon
  • C. risk tolerance
  • D. investment objectives

Answer: C

Explanation:
Explanation
To fulfill the know your client (KYC) obligation, an advisor must collect and document information about the client's personal and financial situation, investment objectives, risk tolerance, and investment knowledge. The KYC rule is a regulatory requirement that ensures that the advisor understands the client's needs and goals, and provides suitable recommendations that match the client's profile. In this case, Cosmo has provided some information about his personal and financial situation, such as his age, occupation, income, assets, and inheritance. He has also given some indication of his investment objectives, such as saving for retirement, and his investment knowledge, such as making his own investment decisions and preferring balanced funds.
However, he has not disclosed his risk tolerance, which is his willingness and ability to accept fluctuations in the value of his investments. Risk tolerance is an important factor that affects the choice of investment strategies and products. Therefore, to complete the KYC process, the advisor needs to obtain additional information about Cosmo's risk tolerance. References:
* Canadian Investment Funds Course (CIFC) Study Guide, Chapter 1: The Investment Funds Industry, Section 1.4: The Know Your Client (KYC) Rule, page 1-111
* Know Your Client (KYC) Definition - Investopedia2


NEW QUESTION # 191
In a mutual fund dealer, who is the person responsible for establishing and maintaining compliance policies and procedures as well as monitoring and assessing compliance?

  • A. the trustee
  • B. the ultimate designated person
  • C. the chief compliance officer
  • D. the chief executive officer

Answer: C


NEW QUESTION # 192
Raybert has a very short-term investment objective and has decided to purchase money market instruments.
There are plenty of 90-day money market securities available for him to choose from. Although Raybert is aware that all the respective issuers have a similar need for his capital, no matter what he decides, he can only afford to purchase one.
In terms of financial markets and their relationship to the principles of supply and demand, which characteristic of investment capital are the issuers being exposed to?

  • A. Sensitivity
  • B. Scarcity
  • C. Risk
  • D. Mobility

Answer: B

Explanation:
Explanation
Scarcity is a characteristic of investment capital that refers to the limited availability of capital relative to the demand for it. Scarcity affects the price and return of capital, as well as the allocation of capital among different issuers and sectors. When capital is scarce, issuers have to compete for it by offering higher returns or lower prices, or by adjusting their financing strategies. When capital is abundant, issuers have more access to it at lower costs or higher prices, or by diversifying their sources of capital. In this case, Raybert has a very short-term investment objective and has decided to purchase money market instruments. There are plenty of
90-day money market securities available for him to choose from, but he can only afford to purchase one. This means that the issuers of these securities are exposed to the scarcity of capital, as they have to attract Raybert and other investors with similar objectives by offering competitive rates or discounts.
References = Canadian Investment Funds Course, Unit 5: Types of Investments, Lesson 1: Economic Factors and Financial Markets, Section 5.1.1: Characteristics of Investment Capital1; CIFC prepkit, Chapter 5: Types of Investments, Question 5.1.1 2


NEW QUESTION # 193
......

Choosing our IFSE Institute CIFC study material, you will find that it will be very easy for you to overcome your shortcomings and become a persistent person. If you decide to buy our Canadian Investment Funds Course Exam CIFC study questions, you can get the chance that you will pass your CIFC exam and get the certification successfully in a short time.

CIFC Latest Materials: https://www.passcollection.com/CIFC_real-exams.html

Buy PassCollection's Canadian Investment Funds Course Exam (CIFC) updated practice material today, We adopt international recognition third party for your payment for the CIFC exam braindumps, and the third party will protect interests of yours, therefore you don’t have to worry about the safety of your money and account, However, keep in mind that these are only a small part of our comprehensive CIFC training materials.

What were their underlying success criteria, This differs slightly CIFC from setting the default metric or the metric on redistribution without a route map, where you would set all five submetrics.

HOT Formal CIFC Test 100% Pass | High-quality IFSE Institute Canadian Investment Funds Course Exam Latest Materials Pass for sure

Buy PassCollection's Canadian Investment Funds Course Exam (CIFC) updated practice material today, We adopt international recognition third party for your payment for the CIFC exam braindumps, and the third party will protect CIFC Test Dumps Demo interests of yours, therefore you don’t have to worry about the safety of your money and account.

However, keep in mind that these are only a small part of our comprehensive CIFC training materials, We have the professional team about CIFC valid test torrent and strong connections getting the first-hand information.

Q: Can I see any sample downloads before I buy the lifetime access package?

DOWNLOAD the newest PassCollection CIFC PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=1UmT37Z19HRUwc40Jx5e7fkO5CTXB0YV6

Report this page