Segregated funds - Study guides, Class notes & Summaries

A GIC (Reference: Chapter 1) A client wants to ensure the full original investment will be repaid, plus a profit. What would be an appropriate recommendation for this client? Interest. (Reference: Chapter 1) Mary owns stock in a US-based company which trades on the Nasdaq exchange. Mary receives a dividend from her stock. How is the dividend taxed?

Segregated funds & annuities (advocis material) Exam

Segregated funds & annuities (advocis material) Exam Questions and Answers front end load -Correct Answer-The investor who pays a _______pays no further sales fee if she redeems units during the term of the contract. Registered retirement savings plan -Correct Answer-A segregated fund in a _____is bound by the rule that apply to all_____. Therefore, the oldest age at which a contract can begin as an _____is 71, deposits can be made untill December 31 of the year in which the contract owner...

Segregated Funds and Annuities Exam Questions and Answers

Segregated Funds & Annuities - Chapter 2 Questions and Answers Already Passed What is the minimum maturity date for a segregated fund contract? 10 years. (Reference: Chapter 2) What is the NAVPU Formula? NAVPU = [total value of assets - liabilities] / [number of units outstanding]. (Reference: Chapter 2) Jenna invests $40,000 in a 75% / 75% segregated fund. Upon maturity, the value of the fund is $35,000. How much does Jenna receive? $35,000. The client receives the greater of market value o...

Segregated Funds & Annuities Exam Questions with correct Answers

Segregated Funds and Annuities Exam Questions and Answers

Segregated Funds and Annuities (SFA) Exam