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CISI ICWIM Exam Syllabus Topics:

SectionObjectives
Regulation and Ethics- Conduct of business and compliance principles
- Regulatory environment in financial services
- Ethical standards in investment advice
Wealth Management Principles- Client investment needs and objectives
- Portfolio construction basics
- Risk and return concepts
Investment and Financial Markets- Market participants and their roles
- Asset classes and investment products
- Structure of financial markets
Investment Products and Suitability- Taxation and charges overview
- Suitability and client profiling
- Equities, bonds, and collective investments

CISI International Certificate in Wealth & Investment Management Sample Questions:

What is the purpose of measuring a company's dividend yield?

  • A. It provides a clear indication of how much profit is being used by the company for expansion and growth
  • B. It provides an indication of future dividend growth for a successful company
  • C. It provides an indication of the expected return on a share and then can then be compared to other shares
  • D. It is useful for investors not wanting to exceed the annual dividend tax allowance
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Why are hedge funds effectively restricted to wealthy investors and institutions?

  • A. They are deemed unsuitable for retail investors
  • B. Due to regulatory restrictions on marketing
  • C. They have high value investment levels
  • D. Because of the embedded risk
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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The difference between principal trading and agency trading is that an agent:

  • A. Will usually execute the order against their own trading book
  • B. Charges commission on the deal
  • C. Aims to profit from the bid-offer spread
  • D. Does not always offer best execution
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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What is likely to be the result if an annual review of a client's financial plan indicates a significant change in their risk profile?

  • A. A rebalancing exercise
  • B. A top-up payment
  • C. A customer due diligence check
  • D. A change to the charging structure
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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For what reason is holding bearer shares potentially disadvantageous?

  • A. The loss of the certificate might equal loss of the person's investment
  • B. They are more difficult to value
  • C. Investors prefer not being publicly named on a share register
  • D. Because it is not possible to sell part of the holding
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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