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IFSE Institute CIFC 問題集

CIFC

試験コード:CIFC

試験名称:Canadian Investment Funds Course Exam

最近更新時間:2024-11-20

問題と解答:全225問

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質問 1:
Leira has a marginal tax rate of 45% and may deduct $5,000 in registered retirement savings plan (RRSP) contributions on her income tax return. If she decides to use her available deduction and assuming this does not reduce her taxable income to a lower tax bracket, by how much will it reduce her tax payable?
A. $5,000
B. $4,500
C. $0
D. $2,250
正解:D
解説: (Topexam メンバーにのみ表示されます)

質問 2:
With respect to the tax treatment of dividends received from a taxable Canadian corporation, which of the following statements is CORRECT?
A. Dividends from both preferred and common shares of Canadian corporations receive preferential tax treatment.
B. Dividends are taxed the same way interest income is taxed.
C. Dividends from non-resident corporations receive preferential tax treatment.
D. Only 50% of dividend income is subject to tax.
正解:A
解説: (Topexam メンバーにのみ表示されます)

質問 3:
In which of the following situations would the client mobility exemption apply?
A. Olaf is a registered dealing representative in Sunnyside, Prince Edward Island. His client Jules is moving to Moncton, New Brunswick. Olaf's mutual fund dealer is not currently registered in New Brunswick but is in the process of applying there.
B. Sigrid's brother-in-law has agreed to be her client. She is a registered dealing representative in Ottawa, Ontario and he lives in Hull, Quebec. Both Sigrid and her mutual fund dealer are currently registered in Quebec.
C. Although her mutual fund dealer is registered in all provinces and territories, Lori is only registered as a dealing representative in Saskatchewan. Last year, three of Lori's clients moved to Alberta and now two more are moving to that province. Lori wants to continue servicing these clients.
D. Karl is a registered dealing representative in Dauphin, Manitoba. 30 of his clients who work for the same company are being relocated to British Columbia. He wants to retain these clients. His mutual fund dealer is registered in British Columbia, but Karl is not.
正解:C
解説: (Topexam メンバーにのみ表示されます)

質問 4:
Which of the following statement about Exchange Traded Funds (ETFs) is TRUE?
A. All ETFs are actively managed.
B. Usually the market price of an ETF is the net asset value per unit (NAVPU) of the Fund on that day.
C. ETFs have lower MERs compared to mutual funds.
D. Investors may sell their ETFs in the stock market or redeem them through the Fund at the NAVPU of the day.
正解:C
解説: (Topexam メンバーにのみ表示されます)

質問 5:
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. safety of principal
B. tax-deferral
C. growth
D. income
正解:A
解説: (Topexam メンバーにのみ表示されます)

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IFSE Institute Canadian Investment Funds Course 認定 CIFC 試験問題:

1. Solomon is a Dealing Representative who is excited about a new equity fund his dealer recently approved. He thinks investors will be attracted to the fund's historical performance. He has a prospective new client, Madira, who is 25 years old. Madira has invested in mutual funds before, but not with Solomon's dealer. She has made an appointment to open a new RRSP with Solomon's firm.
What does Solomon need to do to make this a suitable recommendation?

A) Match the past rates of return of the mutual fund with what is the anticipated rate of return.
B) Rely on the risk rating of the mutual fund when offering an investment solution.
C) Show from past fund performance, that mutual fund costs are not important if there are high returns.
D) Identify how the proposed investment is in alignment with the investor's profile and holdings.


2. Gershon is a Dealing Representative and he opens a new account for his client, Isaac. Gershon collects the necessary information from Isaac in order to designate the Trusted Contact Person (TCP) for Isaac's account.
Which of the following statements about Isaac's TCP is CORRECT?

A) The TCP is an alternative to a Power of Attorney (PQA) and has the authority to make changes to Isaac's account and direct trading.
B) The TCP is the person who is designated with authority to direct financial dealings for Isaac's account and make financial decisions.
C) The TCP is an alternative authority on Isaac's account that has the power to place a temporary hold on Isaac's account to disallow trading.
D) The TCP is the person whom Gershon can speak to if he becomes concerned about Isaac's mental capacity to make financial decisions.


3. You are meeting a potential client, William, for the first time. He is a high net worth individual and you are keen to get his business. Which of the following would you consider the most important to create an impressive first impression on your potential client?

A) your body language
B) tone of your voice
C) volume of your voice
D) your words


4. Greg, one of your clients, has been advised by a friend to invest in open-end mutual funds. He is not sure about the differences between open and closed-end funds.
What would you tell Greg about open-end funds?

A) The number of units is not fixed, and varies with investor demand and redemption orders.
B) Units are bought and sold amongst the unitholders.
C) Initial shares in the mutual fund are allotted through an initial public offering (IPO)
D) Investors holding open-end funds can buy and sell their mutual funds anytime the stock market is open.


5. One of your clients, Harry, has heard that he can defer paying tax on capital gains. He wants to know if what he has heard is correct and if so, how to defer paying taxes on capital gains.
What would you tell Harry?

A) He should hold unprofitable investments as long as possible.
B) Harry should buy and sell investments actively.
C) He should hold profitable investments as long as possible.
D) He should invest in mutual funds just before the dividend paying date to pick up the dividend.


質問と回答:

質問 # 1
正解: D
質問 # 2
正解: D
質問 # 3
正解: A
質問 # 4
正解: A
質問 # 5
正解: C

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