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

IFSE Institute Updated CIFC Exam Questions and Answers by aura

Page: 11 / 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: aura
Question 44

Barend is a Dealing Representative with Planvest Group Inc., a mutual fund dealer and member of the Mutual Fund Dealers Association of Canada (MFDA). Which of the following CORRECTLY describes

Barend's obligation for conflicts of interest?

Options:

A.

Barend must identify material conflicts of interest and implement controls on behalf of the firm.

B.

Barend must disclose material conflicts of interest that cannot be addressed in the best interest of the client.

C.

Barend must avoid material conflicts of interest that cannot be addressed in the best interest of the client.

D.

Barend must identify material conflicts of interest and promptly report the conflicts of interest to clients.

Discussion
Question 45

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

Options:

A.

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.

B.

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.

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.

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.

Discussion
Question 46

Jasmine purchases a 1-year, $10,000 face value strip bond for $9,600. At maturity, when Jasmine receives $10,000, which of the following statements is CORRECT?

Options:

A.

Jasmine realizes a capital dividend of S400.

B.

Jasmine realizes a taxable dividend of $400.

C.

Jasmine realizes a taxable capital gain of $400.

D.

Jasmine realizes interest income of $400.

Discussion
Question 47

Which of the following is typical for a normal yield curve?

Options:

A.

short and long term rates are the same

B.

long term rates are lower than short term rates

C.

yields decline as term to maturity increases

D.

short term rates are lower than long term rates

Discussion
Kingsley
Do anyone guide my how these dumps would be helpful for new students like me?
Haris Sep 11, 2024
Absolutely! They are highly recommended for anyone looking to pass their certification exam. The dumps are easy to understand and follow, making it easier for you to study and retain the information.
Ayesha
They are study materials that are designed to help students prepare for exams and certification tests. They are basically a collection of questions and answers that are likely to appear on the test.
Ayden Oct 16, 2024
That sounds interesting. Why are they useful? Planning this week, hopefully help me. Can you give me PDF if you have ?
Aryan
Absolutely rocked! They are an excellent investment for anyone who wants to pass the exam on the first try. They save you time and effort by providing a comprehensive overview of the exam content, and they give you a competitive edge by giving you access to the latest information. So, I definitely recommend them to new students.
Jessie Sep 28, 2024
did you use PDF or Engine? Which one is most useful?
Mariam
Do anyone think Cramkey questions can help improve exam scores?
Katie Nov 2, 2024
Absolutely! Many people have reported improved scores after using Cramkey Dumps, and there are also success stories of people passing exams on the first try. I already passed this exam. I confirmed above questions were in exam.
Teddie
yes, I passed my exam with wonderful score, Accurate and valid dumps.
Isla-Rose Aug 18, 2024
Absolutely! The questions in the dumps were almost identical to the ones that appeared in the actual exam. I was able to answer almost all of them correctly.
Page: 11 / 12

CIFC
PDF

$36.75  $104.99

CIFC Testing Engine

$43.75  $124.99

CIFC PDF + Testing Engine

$57.75  $164.99