Online Access Free ICWIM Exam Questions

Which index tracking method requires a swap agreement?

• A.Optimisation
• B.Synthetic Replication
• C.Full replication
• D.Stratified Sampling

Which of the following is a money laundering offence?

• A.Avoiding
• B.Developing
• C.Producing
• D.Concealing

Which of the following will be a major constraint on a client's ability to invest and protect against all risks?

• A.Risk aversion
• B.Tax implications
• C.Age
• D.Affordability

What financial principle requires an adviser to gather extensive information from a client before making a recommendation?

• A.Disclosure
• B.Transparency of trading
• C.Risk reduction
• D.Know your customer

Why would an investment manager conduct forward-looking security attribution?

• A.To quantify next year's annual charge
• B.To establish where future risks lie
• C.In order to calculate future profits
• D.In order to establish by how much they need to outperform the benchmark