Sagregated Funds and Annuities Bundled Exams | 100% Verified and Updated 2024| Revised Edition

Segregated Funds & Annuities - Chapter 3 Exam Questions with correct Answers An accumulation annuity. (Reference: Chapter 3) -Correct Answer-Which type of annuity is most appropriate for a young investor with ample income and is primarily interested in investment growth? Buy a series of annuiti...

Segregated Funds & Annuities - Chapter 5 Exam Questions and Answers Interest rate risk. (Reference: Chapter 5) -Correct Answer-Peter decides to invest $10,000 in a Canadian bond segregated fund. What type of risk is Peter most exposed to? A payout, life annuity. (Reference: Chapter 5) -Correct...

Segregated funds Exam with 100% correct Answers Time value of money - Correct Answer--money today is worth more than 1$ tomorow -Inflation Two principles of investments - Correct Answer-1) present value 2)futurevalue IVIC =Segregated funds - Correct Answer-Individual variable insurance contract...

Segregated funds & annuities (advocis material) Exam Questions and Answers front end load -Correct Answer-The investor who pays a _______pays no further sales fee if she redeems units during the term of the contract. Registered retirement savings plan -Correct Answer-A segregated fund in a _____...

Segregated Funds and Annuities Exam 2024 Investing -Correct Answer-using money to make money Principal -Correct Answer-initial capital/seed sometimes ACB (adjusted cost base) Fair market value -Correct Answer-current value of a property Return, gain, growth, interest -Correct Answer-profit abov...

Segregated Funds & Annuities - Chapter 4 Exam Questions and Answers If a person begins receiving their pension at age 60, how do you calculate their penalty for the early pension? -Correct Answer-The penalty for early pension is 0.6% per month or 7.2% per year (which is equal to 0.6 * 12 months)...

Segregated Funds & Annuities Certification Exam Questions and Answers Canadian Pension Plan Benefits -Correct Answer-CPP Income Formula = 8.4% annual tax x number of years x CPP at age 65 RRSP Contributions -Correct Answer-RRSP Contribution Room Formula = Income x 18% Market-Linked GIC -Correct...

Segregated Funds & Annuities - Chapter 2 Exam Questions and Answers 10 years. (Reference: Chapter 2) -Correct Answer-What is the minimum maturity date for a segregated fund contract? NAVPU = [total value of assets - liabilities] / [number of units outstanding]. (Reference: Chapter 2) -Correct ...

Segregated Funds and Annuities (SFA) Exam 2024 What is Segregated Funds LLQP - SFA VL 01 - Correct Answer-Segregated Fund is also an investment. it is just a fancy version of mutual fund. Segregated Fund is an insurance product, and it is an investment. Segregated Funds offer some unique featur...

Segregated Funds & Annuities - Chapter 6 Exam Questions and Answers In a spousal RRSP who names the beneficiary? -Correct Answer-The recipient of the deposits names the beneficiary The annuitant. (Reference: Chapter 6) -Correct Answer-In a segregated fund contract, who is the person on whose l...

Segregated Funds & Annuities - Chapter 1 Exam A GIC (Reference: Chapter 1) -Correct Answer-A client wants to ensure the full original investment will be repaid, plus a profit. What would be an appropriate recommendation for this client? Interest. (Reference: Chapter 1) -Correct Answer-Mary owns...

Segregated Funds & Annuities - Chapter 2 - Segregated Funds Exam A segregated fund is also known as what? -Correct Answer-An Individual Variable Contract or IVIC What investment fund would be most appropriate when an objective is to (for example) purchase a house in the near future, and why? -C...

Seg Funds and Mutual Funds Exam Questions and Answers (Graded A) On November 6, 2016 Jenny purchased a $200,000 non-registered segregated fund that invests in Canadian equities. The segregated fund has a 10 year, 75% maturity guarantee. If this fund matures on November 6, 2026 with an account va...

Seg Mock Exam 8 Questions and Answers Sheldon's investment portfolio is comprised of both registered and non-registered accounts. He is aware that his holdings in registered accounts are tax-sheltered, but any investment income in his non-registered account will be taxed. Therefore, Sheldon is l...