Month End Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: get65

IFSE Institute Updated CIFC Exam Questions and Answers by mikaeel

Page: 9 / 12

IFSE Institute CIFC Exam Overview :

Exam Name: Canadian Investment Funds Course Exam
Exam Code: CIFC Dumps
Vendor: IFSE Institute Certification: Investments & Banking
Questions: 224 Q&A's Shared By: mikaeel
Question 36

Danica is looking for a mutual fund to hold in her non-registered account that provides a regular stream of income with potential for capital growth. She is having difficulty distinguishing between bond funds and dividend funds. Which of the following statements is TRUE?

Options:

A.

The return of dividend funds relies only on interest rates; whereas with bond funds, the return also depends on the general direction of stock markets.

B.

When interest rates rise, the net asset value per unit (NAVPU) of bond funds decreases; whereas with dividend funds it rises.

C.

Bond funds receive fixed interest payments from most of their investments.

D.

Bond fund distributions receive more favorable tax treatment than that of dividend funds.

Discussion
Question 37

Which of the followings describes segregated funds?

Options:

A.

Segregated funds have high returns, high management fees, and cannot be redeemed until the maturity date of the contract.

B.

Segregated funds flow through capital losses to investors because the investors are the owners of the underlying fund.

C.

Segregated funds offer some protection of the capital invested but there is an added cost for the protection.

D.

Segregated funds are subject to securities regulation because they are distributed by mutual fund dealing representatives.

Discussion
Question 38

Which of the following statements is TRUE about the movement of business cycles in the Canadian economy?

Options:

A.

A period of economic expansion is followed by a period of economic contraction.

B.

A period of economic expansion is of the same length in every cycle.

C.

A period of economic expansion is always of the same length as a period of economic contraction.

D.

A period of at least 3 consecutive months of contraction is called a recession.

Discussion
Question 39

Janine will celebrate her 71st birthday this year. She currently has a lot of money in a personal registered retirement savings plan (RRSP) and knows there are rules about what she can do with those funds. Which of the following is TRUE?

Options:

A.

She can convert her RRSP to a locked-in retirement income fund (LRIF).

B.

She can convert her RRSP to a registered retirement income fund (RRIF) this year or by December 31st of next year.

C.

She can take the entire amount in cash, with no tax consequences because her RRSP funds were tax-sheltered.

D.

She can purchase a registered term or life annuity.

Discussion
Aliza
I used these dumps for my recent certification exam and I can say with certainty that they're absolutely valid dumps. The questions were very similar to what came up in the actual exam.
Jakub Sep 22, 2024
That's great to hear. I am going to try them soon.
Cecilia
Yes, I passed my certification exam using Cramkey Dumps.
Helena Sep 19, 2024
Great. Yes they are really effective
Walter
Yayyy!!! I passed my exam with the help of Cramkey Dumps. Highly appreciated!!!!
Angus Nov 4, 2024
YES….. I saw the same questions in the exam.
Ernest
That's amazing. I think I'm going to give Cramkey Dumps a try for my next exam. Thanks for telling me about them! CramKey admin please share more questions……You guys are amazing.
Nate Sep 15, 2024
I failed last week, I never know this site , but amazed to see all these questions were in my exam week before. I feel bad now, why I didn’t bother this site. Thanks Cramkey, Excellent Job.
Page: 9 / 12

CIFC
PDF

$36.75  $104.99

CIFC Testing Engine

$43.75  $124.99

CIFC PDF + Testing Engine

$57.75  $164.99