Amazon
Avaya
Cisco
CompTIA
CrowdStrike
EC-Council
EXIN
Fortinet
Google
ISC
ISC2
ITIL
Juniper
Microsoft
NVIDIA
Okta
Palo Alto Networks
Salesforce
SAP
ServiceNow
All Vendors
  1. Home
  2. IFSE Institute
  3. CIFC

IFSE Institute Canadian Investment Funds Course CIFC Exam Questions in PDF

Free IFSE Institute CIFC Dumps Questions (page: 3)

CIFC PDF — 224 Questions

Francis wants to redeem his US Asset Allocation Fund as he needs the money for a down payment for a home purchase. The current proceeds from the redemption are USD $27,859, and the current CAD/USD exchange rate is 0.7353.
How much will Francis receive in Canadian dollars when he redeems the Funds? Please round your answer to the nearest dollar.

  1. $37,888
  2. $36,698
  3. $42,861
  4. $35,859

Answer(s): A



The owners of Underground Airways Ltd. want to take their privately owned corporation public through an initial public offering (IPO). They are speaking to a specialist from an investment dealer to determine whether it would be advisable to become listed on a stock exchange or the over-the- counter (OTC) market.

In comparing the two options, which of the following considerations is TRUE?

  1. A stock exchange listing would provide Underground with greater market exposure and public confidence than listing on the OTC market.
  2. Underground would still be directly involved in the trading of their shares on either market.
  3. Underground would be subject to less stringent listing requirements if they chose the stock exchange as compared to the OTC market.
  4. If Underground chose to list on the OTC market, there would be no secondary market available for investors.

Answer(s): A



Sven owns preferred shares that give him the option to sell his holdings back to the issuing company at a predetermined price and within a specified time.
What type of preferred shares does Sven own?

  1. retractable
  2. participating
  3. convertible
  4. redeemable

Answer(s): A



Which of the following characteristics about mortgage mutual funds is CORRECT?

  1. typically monthly distributions of interest
  2. if interest rates fall, the mutual fund's net asset value per unit (NAVPU) will decline
  3. suitable only for high risk investors
  4. risk-free where the mortgages are National Housing Act (NHA) insured

Answer(s): A



Which of the following statements about capital gains distributions from mutual fund trusts is correct?

  1. Capital gains from mutual fund trusts are deferred until the investor exits the mutual fund.
  2. Capital gains distributions from a mutual fund trust are reported annually on a T3.
  3. Capital gains distributions are not a disposition and are therefore not taxable.
  4. Capital gains from mutual fund distributions are 100% taxable.

Answer(s): B



Which of the following is a rationale for a portfolio manager to use a passive portfolio management strategy?

  1. The manager does not believe in using benchmarks.
  2. The manager wishes to create capital gains in the mutual fund by frequently buying and selling stocks
  3. The manager believes he or she can outperform the market with his or her stock picking skills.
  4. The manager believes that as the markets are fairly priced, it would be futile to look for mis-priced securities.

Answer(s): D



Your client, Rinaldo, wants to know more about the fees associated with his mutual funds.
What can you tell him about a mutual fund's management expense ratio (MER)?

  1. Mutual funds are required to calculate the MER on a daily basis.
  2. Trailer and brokerage fees are charged separately from the MER.
  3. The MER reflects the percentage of each dollar of fund assets that is used to pay for management services.
  4. Mutual fund performance is not impacted by the MER since rates of return are published net of fees.

Answer(s): C



Sujay contributes 3% of his $60,000 salary to his employer's defined contribution pension plan. His employer contributes the same amount to the plan. How will this affect his registered retirement savings plan (RRSP) contribution room for the year?

  1. It will have no effect. RRSP contribution room is based on earned income only.
  2. It will reduce Suiay's contribution room by 51,800.
  3. It will reduce Suiay's contribution room by $1800
  4. It will reduce Suiay's contribution room by $3,600.

Answer(s): D



Viewing page 3 of 29

Share your comments for IFSE Institute CIFC exam with other users:

K
Kvana
9/28/2023 12:08:00 PM

good info about oml

UNITED STATES
C
Checo Lee
7/3/2023 5:45:00 PM

very useful to practice

UNITED STATES
D
dixitdnoh@gmail.com
8/27/2023 2:58:00 PM

this website is very helpful.

UNITED STATES
S
Sanjay
8/14/2023 8:07:00 AM

good content

INDIA
B
Blessious Phiri
8/12/2023 2:19:00 PM

so challenging

Anonymous
P
PAYAL
10/17/2023 7:14:00 AM

17 should be d ,for morequery its scale out

Anonymous
K
Karthik
10/12/2023 10:51:00 AM

nice question

Anonymous
G
Godmode
5/7/2023 10:52:00 AM

yes.

NETHERLANDS
B
Bhuddhiman
7/30/2023 1:18:00 AM

good mateial

Anonymous
K
KJ
11/17/2023 3:50:00 PM

good practice exam

Anonymous
S
sowm
10/29/2023 2:44:00 PM

impressivre qustion

Anonymous
C
CW
7/6/2023 7:06:00 PM

questions seem helpful

Anonymous
L
luke
9/26/2023 10:52:00 AM

good content

Anonymous
Z
zazza
6/16/2023 9:08:00 AM

question 21 answer is alerts

ITALY
A
Abwoch Peter
7/4/2023 3:08:00 AM

am preparing for exam

Anonymous
M
mohamed
9/12/2023 5:26:00 AM

good one thanks

EGYPT
M
Mfc
10/23/2023 3:35:00 PM

only got thru 5 questions, need more to evaluate

Anonymous
W
Whizzle
7/24/2023 6:19:00 AM

q26 should be b

Anonymous
S
sarra
1/17/2024 3:44:00 AM

the aaa triad in information security is authentication, accounting and authorisation so the answer should be d 1, 3 and 5.

UNITED KINGDOM
D
DBS
5/14/2023 12:56:00 PM

need to attend this

UNITED STATES
D
Da_costa
8/1/2023 5:28:00 PM

these are free brain dumps i understand, how can one get free pdf

Anonymous
V
vikas
10/28/2023 6:57:00 AM

provide access

EUROPEAN UNION
A
Abdullah
9/29/2023 2:06:00 AM

good morning

Anonymous
R
Raj
6/26/2023 3:12:00 PM

please upload the ncp-mci 6.5 dumps, really need to practice this one. thanks guys

Anonymous
M
Miguel
10/5/2023 12:21:00 PM

question 16: https://help.salesforce.com/s/articleview?id=sf.care_console_overview.htm&type=5

SPAIN
H
Hiren Ladva
7/8/2023 10:34:00 PM

yes i m prepared exam

Anonymous
O
oliverjames
10/24/2023 5:37:00 AM

my experience was great with this site as i studied for the ms-900 from here and got 900/1000 on the test. my main focus was on the tutorials which were provided and practice questions. thanks!

GERMANY
B
Bhuddhiman
7/20/2023 11:52:00 AM

great course

UNITED STATES
A
Anuj
1/14/2024 4:07:00 PM

very good question

Anonymous
S
Saravana Kumar TS
12/8/2023 9:49:00 AM

question: 93 which statement is true regarding the result? sales contain 6 columns and values contain 7 columns so c is not right answer.

INDIA
L
Lue
3/30/2023 11:43:00 PM

highly recommend just passed my exam.

CANADA
D
DC
1/7/2024 10:17:00 AM

great practice! thanks

UNITED STATES
A
Anonymus
11/9/2023 5:41:00 AM

anyone who wrote this exam recently?

SOUTH AFRICA
K
Khalid Javid
11/17/2023 3:46:00 PM

kindly share the dump

Anonymous
AI Tutor 👋 I’m here to help!