Ifse exam 2023 - Study guides, Class notes & Summaries

3 Common Economic Indicators - correct answer 1. Gross Domestic Product (GDP) 2. Inflation Rate 3. Unemployment Rate Gross Domestic Product (GDP) - correct answer A measure of the total market value of all the final goods and services produced in the economy in a year. Measured in dollars. Consumer Price Index (CPI) - correct answer a measure of the overall cost of about 600 goods and services bought by a typical consumer. Calculated in relation to a base year. Increase generally m...

Portfolio manager qualifications - correct answer - required to be registered with the provincial securities commissions in the provinces in which they choose to operate - must obtain a CFA designation - must have relevant experience Active management approaches - correct answer 1. Top-down 2. Bottom-up Top-down approach - correct answer - look at macroeconomic variable such as GDP of various countries, interest rates, and employment rates - then look at industry, sectors or countri...

The Securities Commission - correct answer A Provincial and Territorial Regulator, administers jurisdiction's Securities Act or equivalent legislation Canadian Securities Administrators (CSA) - correct answer National Regulator, The _________ mandate consists of three goals: •to protect investors from unfair, improper, or fraudulent practices •to foster fair and efficient capital markets •to reduce risks to the market's integrity, and to investor confidence in the markets ...

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-...