CIFC 무료 덤프문제 온라인 액세스

Which of the following statements about total return for money market funds is TRUE?

• A.Current yield incorporates the compounding effect.
• B.Performance is displayed with both current yield and effective yield.
• C.Effective yield will always be lower than current yield.
• D.Current yield reflects the income earned on a money market fund for the most recent 14 day period.

Lucas wants to participate in the Lifelong Learning Program (LLP). He currently has $10,000 in his registered retirement savings plan (RRSP) for this purpose. He plans to make his maximum permitted withdrawal of $10,000 under the LLP in two months. Based on this information, what would be his investment objective for the $10,000 currently sitting in his RRSP?

• A.income
• B.safety of principal
• C.tax-deferral
• D.growth

Hamid, the portfolio manager of the Trabant Canadian Equity Fund is deciding on some new investments. He has identified a retirement residence company as well as a discount clothing retailer that both seem to have good prospects and appear undervalued. What investment approach is Hamid using?

• A.top-down
• B.bottom-up
• C.technical investing
• D.growth at a reasonable price

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 employment with the dealer
• B.Upon formal confirmation from the regulator
• C.Upon passing the proficiency course
• D.Upon registration application by the dealer

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

• A.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.
• B.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.
• 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.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.