Ifse unit 1 - Study guides, Class notes & Summaries

IFSE - CIFC - Unit 8 Latest Update Graded A Mutual Fund Corporation - investors are shareholders - board of directors governs the fund - board of directors are elected by the shareholders at the fund's annual general meeting Mutual Fund Trust - investors are unit-holders - no board of directors. Governed by trusts or trustees - unit-holders don't have authority to appoint trustees Mutual Funds Complex - mutual fund manager - portfolio manager - custodian - distributor - transfer agent - inde...

IFSE - CIFC - Unit 10 Latest Update Rated A Payroll taxes are paid to support: 1. Federal spending on employment insurance and the CPP benefit programs 2. Provincial spending on worker's compensation benefits for injured workers Marginal tax rate - represents the amount of tax an individual pays on their dollar of income Average tax rate - represents how much tax is payable as a percentage of income Alberta income tax rate - flat tax of 10% is applied to all taxable income Tax deduction - l...

IFSE - CIFC - Unit 3 questions with answers 6 steps of SIP (Strategic Investment Planning) process -Correct Answer-1. Establish the client engagement 2. Gather client data and identify objectives 3. Clarify client status, problems, and opportunities 4. Identify strategies and present the plan 5. Implement the plan 6. Monitor performance and update Step 1 SIP - Establish client engagement -Correct Answer-- your duties and responsibilities - your client's duties and responsibilities ...

IFSE - CIFC - Unit 1 exam solved 100% National Instruments are developed through? -Correct Answer-CSA With which organization must mutual fund dealers (outside of Quebec) register? -Correct Answer-MFDA Which organization operates the Investor Protection Corporation (IPC)? -Correct Answer-MFDA Registration Requirements and Exemptions provides the harmonized registration rules for the registration of firms and individuals with the provincial or territorial securities commissions -Correct...

CSA - correct answer National Instruments are developed through? MFDA - correct answer With which organization must mutual fund dealers (outside of Quebec) register? MFDA - correct answer Which organization operates the Investor Protection Corporation (IPC)? NI 31-103 - correct answer Registration Requirements and Exemptions provides the harmonized registration rules for the registration of firms and individuals with the provincial or territorial securities commissions NI 81-...

IFSE - CIFC - Unit 5 Questions and Answers Graded A Mutual Funds Investments that hold a collection of different securities such as equities and bonds. Holdings Collectively, the securities in a mutual fund The 3 main investment objectives 1. Safety of Principal 2. Income 3. Growth Safety of Principal Strive to protect investors from losing any of their original investment. Investors expect to get back at a minimum the amount of money they put into the investment. Income Provide investors wi...

CSA - National Instruments are developed through? MFDA - With which organization must mutual fund dealers (outside of Quebec) register? MFDA - Which organization operates the Investor Protection Corporation (IPC)? NI 31-103 - Registration Requirements and Exemptions provides the harmonized registration rules for the registration of firms and individuals with the provincial or territorial securities commissions NI 81-101 - Mutual Fund Prospectus Disclosure ensures that mutual funds disclose ...