最新的CISI Investment Funds in Canada (IFC) - IFC免費考試真題
問題1
Jonathan is a Dealing Representative who has just finished an appointment with his new client, Shirley.
Jonathan has concluded that Shirley has a low-risk profile but wants to establish additional savings of
$500,000. During their discussion, Shirley emphasizes she wants investments that are also tax efficient.
Jonathan learned that currently Shirley has no registered retirement savings plan (RRSP) and tax-free savings account (TFSA) contribution room due to using those opportunities by investmenting elsewhere.
What variable is a PRIMARY consideration for Jonathan when making an investment recommendation?
Jonathan has concluded that Shirley has a low-risk profile but wants to establish additional savings of
$500,000. During their discussion, Shirley emphasizes she wants investments that are also tax efficient.
Jonathan learned that currently Shirley has no registered retirement savings plan (RRSP) and tax-free savings account (TFSA) contribution room due to using those opportunities by investmenting elsewhere.
What variable is a PRIMARY consideration for Jonathan when making an investment recommendation?
正確答案: D
說明：（僅 VCESoft 成員可見）
問題2
What is an example of an indirect investment?
正確答案: D
問題3
Which of the following is typical for a normal yield curve?
正確答案: D
說明：（僅 VCESoft 成員可見）
問題4
Which of the following statements is true when comparing fund of funds to traditional mutual funds?
正確答案: C
說明：（僅 VCESoft 成員可見）
問題5
Fernanda, an advisor, is setting up her process for completing client suitability assessments. What must Fernanda do with respect to investment suitability?a
正確答案: B
問題6
Details of a client ' s investment portfolio appear in the following table:
Type of Funds
Amounts Invested ($)
Canadian equity growth fund
15,000
TSX equity index fund
25,000
Canadian resources fund
75,000
Canadian equity value fund
95,000
What is the primary risk of this investment portfolio?
Type of Funds
Amounts Invested ($)
Canadian equity growth fund
15,000
TSX equity index fund
25,000
Canadian resources fund
75,000
Canadian equity value fund
95,000
What is the primary risk of this investment portfolio?
正確答案: A
說明：（僅 VCESoft 成員可見）
問題7
Which company usually fills the role of the custodian for a mutual fund?
正確答案: C
說明：（僅 VCESoft 成員可見）
問題8
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?
What additional information do you need about Cosmo to fulfill your know your client obligation?
正確答案: C
說明：（僅 VCESoft 成員可見）
問題9
A fund manager is selling industrial sector stocks and using the proceeds to overweight the portfolio in financial services stocks to take advantage of her belief of changes in the business cycle. What equity investing philosophy describes this approach?
正確答案: A
說明：（僅 VCESoft 成員可見）
問題10
Francis wants to redeem his US Asset Allocation Fund as he needs the money for a down payment for a home purchase. The current proceeds from the redemption are USD $27,859, and the current CAD/USD exchange rate is 0.7353.
How much will Francis receive in Canadian dollars when he redeems the Funds? Please round your answer to the nearest dollar.
How much will Francis receive in Canadian dollars when he redeems the Funds? Please round your answer to the nearest dollar.
正確答案: B
說明：（僅 VCESoft 成員可見）
問題11
What is the process of selecting specific industries from which stocks will be chosen for the portfolio?
正確答案: C
說明：（僅 VCESoft 成員可見）
問題12
Nancy received a $160 taxable dividend from Can-Star Ltd., whose shares she holds in her non-registered account. Can-Star is a taxable Canadian corporation. What is the approximate amount of the dividend tax credit Nancy will receive on the shares?
正確答案: C
說明：（僅 VCESoft 成員可見）
問題13
At the beginning of the year, Krystal purchases shares in DEF Company for $50 a share and receives $2.50 in dividends. She sells her DEF shares at the end of the year for $49 a share. What is Krystal ' s one-year rate of return on her DEF shares?
正確答案: A
說明：（僅 VCESoft 成員可見）
問題14
A mutual fund has the following investment objective: " This Fund invests in a diverse portfolio of equity securities that are judged to have fundamental growth opportunities. " What is this type of mutual fund?
正確答案: A
問題15
What type of mutual fund can invest in specified derivatives and forward contracts for grains, meats, metals, energy products, and coffee?
正確答案: A
說明：（僅 VCESoft 成員可見）
