Ifse Study guides, Class notes & Summaries

IFSE - CIFC - Unit 6 exam solved 100% Where and when was the first mutual fund created? -Correct Answer-Netherlands late 1700s After the Netherlands, to which countries did mutual funds spread? -Correct Answer-England, France, USA (1800s) When was the first open-end mutual fund created in the USA? -Correct Answer-1924 When was the first Canadian mutual fund established (CI Canadian Investment Fund)? -Correct Answer-1932 Which years in mutual fund history had huge economic downturns?...

IFSE EXAM 2023

IFSE - CIFC UNIT 9 EXAM LATEST UPDATE...

1. To whom are you permitted to make an unsolicited telephone call to market new products ("cold-call") if they have signed up on the National Do Not Call List (DNCL)? - ️️someone with whom you already have a business relationship Which of the following statements about Mutual Fund Dealers Association of Canada (MFDA) is CORRECT? - ️️It is a self-regulatory organization for the distribution side of the Canadian mutual funds industry. What is the role of the Ombudsman for Banking ...

IFSE - CIFC - Unit 4 exam solved 100% 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 b...

Mutual Funds - correct answer Investments that hold a collection of different securities such as equities and bonds. Holdings - correct answer Collectively, the securities in a mutual fund The 3 main investment objectives - correct answer 1. Safety of Principal 2. Income 3. Growth Safety of Principal - correct answer 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 investme...

IFSE

To whom are you permitted to make an unsolicited telephone call to market new products ("cold-call") if they have signed up on the National Do Not Call List (DNCL)? - someone with whom you already have a business relationship Which of the following statements about Mutual Fund Dealers Association of Canada (MFDA) is CORRECT? - It is a self-regulatory organization for the distribution side of the Canadian mutual funds industry. What is the role of the Ombudsman for Banking and Investments...