CIFC試験無料問題集（225題）「IFSE Institute Canadian Investment Funds Course 認定」

出題：1

Which of the following statements about pension adjustments (PA) is TRUE?

A. You will receive a PA whether you are in a defined contribution or a defined benefit pension plan.

B. They represent how much your pension will increase due to years of service.

C. They represent how much your pension is reduced due to market conditions.

D. They increase your registered retirement savings plan (RRSP) room by the amount of the pension adjustment.

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：2

Which of the following are obligations on mutual fund dealing representatives imposed by The Proceeds of Crime (Money Laundering) and Terrorist Financing Act?

A. record-keeping of large transactions, account-related information, and other relevant records

B. reporting all financial transactions to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)

C. confirming client identity each time before concluding any transaction

D. enhancing public awareness of matters related to money laundering and terrorist financing

正解：A 解答を投票する

出題：3

Sagira is a Compliance Officer with WealthPath Investments Inc., a registered mutual fund dealer. Sagira routinely answers inquiries from the firm's Dealing Representatives and offers guidance.
Which of the following statements would Sagira likely agree is a permitted activity for Dealing Representatives to have with clients?

A. Positions of influence are permitted if the terms and conditions of the regulator are met and the activity is approved by the dealer.

B. Authority granted to a Dealing Representative over a client's account or finances must be documented under a Power of Attorney.

C. Purchasing real property from clients is permitted if there is a written agreement in place and the firm is party to the agreement.

D. Borrowing from clients is prohibited, but personal loans to clients may be offered.

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：4

What information can be found from a simplified prospectus instead of Fund Facts?

A. A summary of the top 10 investment holdings.

B. The investment strategies that are being used or proposed to be used.

C. Investor rights regarding cancelling an order.

D. Costs associated with mutual fund investing.

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：5

What information does Fund Facts provide to potential investors?

A. How to calculate the taxes owed from investment income.

B. The remuneration paid to the Independent Review Committee.

C. The portfolio management strategy that is used.

D. What the mutual fund is currently investing in.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：6

Pacari is a Dealing Representative with Cavalry Investments, a mutual fund dealer. Pacari's client, Darsha, is a long-time customer and an elderly widow. Darsha depended on her husband, for financial decisions before he passed. Pacari has also noticed that Darsha's capacity seems to be declining over the years. Luckily, with Pacari's help, Darsha has been managing her finances well. However, Darsha's daughter has been getting involved recently and has even tried to enter trades without Darsha's authorization. Pacari is particularly concerned about the last transaction for Darsha's account: a very large redemption. Pacari fears that Darsha has become a victim of financial exploitation and he raises his concerns with his dealer Cavalry. Which of the following statements about how Cavalry may proceed is CORRECT?

A. Cavalry must place a temporary hold on Darsha's account to disallow all transactions for the account.

B. Cavalry can place a temporary hold on Darsha's account to temporarily disallow the redemption.

C. Cavalry must proceed with the redemption because temporary and permanent holds are not permitted.

D. Cavalry can place a permanent hold on Darsha's account and disallow all future transactions.

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：7

Jabir begins the registration process with his new dealer Prosper Wealth Inc. Jabir is excited about his new career and eager to start calling clients, opening new accounts, and selling investments. Which of the following CORRECTLY describes when Jabir will be eligible to open new client accounts and sell investments?

A. Upon formal confirmation from the regulator

B. Upon passing the proficiency course

C. Upon registration application by the dealer

D. Upon employment with the dealer

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：8

Taylor is chatting with other parents in the park when the conversation turns to registered education savings plans (RESPs).
Taylor thinks that most of what they are saying is incorrect.
Which of the following statements about self-directed RESPs is TRUE?

A. Only one beneficiary may be named per RESP.

B. The government contributes an additional grant for low income families who qualify.

C. Educational Assistance Payments (EAPs) withdrawn from the plan are not taxable.

D. Educational Assistance Payments (EAPs) may only be used for tuition for a post-secondary program.

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：9

Axis Wealth Management Inc. is a mutual fund dealer and member of the Mutual Fund Dealers Association of Canada (MFDA).
Indrek is a Branch Manager for the Guelph Branch and he is responsible for conducting suitability reviews in order to identify any unsuitable transactions or accounts. Which of the following accounts/transactions would be unsuitable?

A. Ulani is saving for the final payment she will owe on her pre-construction condominium. Ulani has invested in the Harbour Money Market Fund because she is seeking "safety".

B. Hundolf holds the Fortune Small Cap Equity Fund. Hundolf is fully employed, he is saving for his retirement in 18 years, his investment objective is "growth", and his risk profile is "medium-high".

C. Megara bought a principal protected note (PPN) with a 7-year maturity. Megara wants principal protection and has a long-term investment time horizon (10+ years).

D. Gilles has invested in various mutual funds using a leverage strategy recommended by his Dealing Representative. Gilles is 82, he is retired, he needs regular income, and his risk profile is "low".

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：10

What do Guaranteed Income Supplement (GIS) and Allowance for the Survivor have in common?

A. benefits start at the age of 65

B. ability to defer benefits

C. eligibility depends on income level

D. benefit amounts depend on individual contribution

正解：C 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：11

What does a normal yield curve look like?

A. slopes down to the right

B. slopes upward to the right

C. slopes upward to the left

D. is flat and has no slope

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：12

You ask a new client, Brad, "what are your financial obligations and what are your assets?" What information are you trying to gather in order to comply with the know your client (KYC) rule?

A. income and cash-flow

B. marginal tax rate

C. tax consequences

D. net worth

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：13

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?

A. Canadian equity index fund

B. Canadian bond fund

C. Canadian small capitalization equity fund

D. Canadian dividend fund

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

CIFC試験無料問題集「IFSE Institute Canadian Investment Funds Course 認定」