CISI International Certificate in Wealth & Investment Management Sample Questions:
1. The UCITS regulations have been integral to introducing a common format for:
A) Trade settlement
B) Key investor information documents
C) Corporate actions
D) Company accounts
2. The Arbitrage Pricing Theory (APT) assumes investors can sell short. This involves:
A) Selling something you do not own, intending to buy it back at a lower price later
B) Selling lots of securities over a short time frame
C) Selling your shares and buying them back a short time later
D) Not selling the whole of your shareholding in one trade
3. What is the expected outcome of an assessment of a client's health protection priorities?
A) It will quantify the extent to which the client should consider action
B) It will generate a new health policy
C) It will remove the need to focus on other financial planning areas
D) It will minimise the risk that policy exclusions will be imposed
4. Which document is used to illustrate the costs and charges related to investment in a mutual fund?
A) Terms of Business
B) Key Investor Information Document (KIID)
C) Prospectus
D) Key Features Document
5. A new client aged 32 is self-employed and married with three children, aged 8, 6 and 2. Which of the following protection products should normally be considered their highest priority?
A) Long-term care cover
B) Key person cover
C) Inheritance tax cover
D) Sickness cover
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: D |

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