Segregated Funds Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Verified)

Chapter 20 Segregated Funds Questions and Answers 100% Pass Which body is responsible for ensuring that federally regulated insurance companies are adequately capitalized under the requirements of the federal Insurance Companies Act? A. CLHIA 0% B. Assuris C. OSFI D. IIROC C.A federal regulatory...

Segregated Funds and Annuities (SFA) Latest Update Graded A+ What is Segregated Funds LLQP - SFA VL 01 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 features th...

Seg Funds and Mutual Funds Questions and Answers Already Passed 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 value ...

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

Segregated Funds & Annuities Certification Exam Latest Update Graded A+ Canadian Pension Plan Benefits CPP Income Formula = 8.4% annual tax x number of years x CPP at age 65 RRSP Contributions RRSP Contribution Room Formula = Income x 18% Market-Linked GIC A market-linked GIC has an interest rate ...

Segregated Funds & Annuities Mock Exam Latest Update Graded A+ Group Registered Retirement Savings Plan (GRRSP) GRRSPs offer investors a limited variety of investment choices, but they have lower fees compared with individual RRSPs. Cancellation of Segregated Fund Contract An investor may cancel or...

Seg Mock Exam 2 Questions and Answers Already Passed Gary is reviewing his portfolio and notices that the value of a segregated fund he recently purchased has dropped significantly. He is worried about the fund. The last time he spoke with his advisor was the day he purchased the fund. He and his a...

Segregated Funds & Annuities - Chapter 3 Questions and Answers 100% Pass Which type of annuity is most appropriate for a young investor with ample income and is primarily interested in investment growth? An accumulation annuity. (Reference: Chapter 3) Tony wishes to purchase an annuity, but is co...

Seg Mock Exam 8 Latest Update Already Passed 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...

Segregated Funds & Annuities - Chapter 5 Latest Update Graded A+ Interest rate risk. (Reference: Chapter 5) 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) Robert is retiring and wants ...

Seg Mock Exam 3 Latest Update Already Passed Julie is heavily invested in an equity mutual fund. Her financial advisor tells her about the risks she faces with her investment. What are the risks associated with Julie's investment? a) Market risk and industry risk b) Market risk and credit risk ...

Seg Mock Exam 1 Questions and Answers 100% Pass Arnold is a self-employed truck driver with 20 years of experience. He is looking to invest his life savings in segregated funds for the creditor protection and the ability to designate specific beneficiaries on the segregated fund contract. In his li...

Seg Mock Exam 6 Questions and Answers 100% Pass Johnson is a member of a Group Registered Retirement Savings Plan (GRRSP), to which he and his employer each contribute 5% of his earnings. He is planning to leave his employer for a higher paying job. Johnson wonders whether his GRRSP has vested and ...

Seg Mock Exam 4 Questions and Answers 100% Solved Barb is currently working at KatCorp and has just received a job offer from another company. She is worried that changing jobs will mean losing her RPP. She has been at KatCorp for 20 years and she does not want to lose her retirement savings. When ...