Ifse cifc unit 7 - Study guides, Class notes & Summaries

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...

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...