IFC 무료 덤프문제 온라인 액세스

What equity investment philosophy places greater emphasis on industry weighting than on security selection?

• A.Momentum investing
• B.Growth at a reasonable price
• C.Sector rotation
• D.Growth investing

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?

• A.The tax consequences.
• B.Shirley's risk profile.
• C.Investment objective
• D.Expected time horizon.

The Optima Equity Fund has a beta of 1.4. What is the most accurate way to describe the Optima Equity Fund' s relationship to the market as a whole?

• A.If the market goes up by 10%, the Optima Fund should go up by 11.4%
• B.If the market goes up by 5%, the Optima Fund should go up by 7%
• C.If the market goes down by 5%, the Optima Fund should go down by 5.7%
• D.If the market goes down by 10%, the Optima Fund should go up by 11.4%

Which statement best describes key differences between dividend funds and standard equity funds?

• A.Standard equity funds' objectives are based on a belief in market efficiency
• B.Standard equity funds' objectives do not include capital preservation
• C.Standard equity funds cannot invest in preferred shares
• D.Standard equity funds' objectives do not include current dividend income

Four fund managers are comparing their quartile rankings over the past four years:
Which fund manager would likely be most satisfied with their fund's performance history?

• A.Manager C
• B.Manager D
• C.Manager A
• D.Manager B