最新なIFSE Institute CIFC問題集（225題）、真実試験の問題を全部にカバー！

質問 1：
Last year at age 70, Gregory opened a registered retirement income fund (RRIF). Recently, Gregory unexpectedly received a large cash gift and presently does not need to depend on any payments from his RRIF.
He contacts his financial advisor Eric for guidance.
Which of the following statements by his financial advisor would be CORRECT?
A. Withdrawals become mandatory within the first year of the plan being started.
B. Gregory's account will be subjected to no maximum withdrawal limit but to an annual minimum withdrawal.
C. Gregory must have attained the minimum age of 71 to open a RRIF.
D. Periodic contributions to a RRIF are permitted until Gregory reaches the age of 71.
正解：B
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質問 2：
Jehona is a Dealing Representative with Vista Wealth Investments Inc., a mutual fund dealer in Ontario and Nova Scotia. Jehona has reviewed her client Sokol's account and wants to adjust the holdings and re-balance the portfolio. Which of the following statements about Jehona's permitted activities is CORRECT?
A. If Sokol has signed a Limited Authorization Form, Jehona can process the trades in the account without Sokol's pre-approval.
B. If Sokol has given Jehona discretionary trading authority, Jehona can process trades in the account without Sokol's pre-approval.
C. If Jehona wants to execute the trades without Sokol's pre-approval, Sokol must first appoint Jehona as his Power of Attorney.
D. If Jehona wants to execute trades for Sokol's account, Sokol must provide his specific authorization before the trades are entered.
正解：D
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質問 3：
Terri, 30 years old, is the marketing manager at Provincial Winery with an average annual income of $60,000.
Her spouse Yvette, 28 years old, is a project manager with a telecommunications firm earning
$70,000 per year. You are helping them to organize their investments and are trying to assess their financial resources.
Which of the following is the best question to ask?
A. Do you have pension plans at work?
B. What is your investment experience?
C. When do you need the money?
D. Do you have any children?
正解：A
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質問 4：
Marta is turning 71 years old this year. She will have to convert her registered retirement savings plan (RRSP) to a registered retirement income fund (RRIF). Which of the following statements is TRUE?
A. She does not have to withdraw the minimum amount this year.
B. She will be subject to annual maximum withdrawal limits.
C. She will be able to continue contributing to her RRIF and be subject to the same annual limits as her RRSP.
D. When she converts her RRSP to a RRIF, she will incur a tax liability.
正解：A
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質問 5：
Your client, Kimberly has investments in both registered and non-registered plans. Which of the following investment strategies is best suited for Kimberly from a tax perspective?
A. Include investments paying capital gains in the registered plan and foreign pay investments in the non-registered plan.
B. Include dividend paying investments in the registered plan and interest paying investments in the non-registered plan.
C. Include domestic pay assets in the registered plan and foreign pay assets in the non-registered plan.
D. Include interest paying investments in the registered plan and dividend paying investments in the non-registered plan.
正解：D
解説: (Pass4Test メンバーにのみ表示されます)

質問 6：
On January 3, John invests $500 in the Blue Sky U.S. Equity Fund. On July 1 of the same year, he invests another $500 into the same mutual fund. Information about the net asset value per unit (NAVPU) at the time of each transaction is provided below. Given this information, what will be the value of John's investment on December 31 of this year (please ignore transaction costs and distributions)?

A. $1,198
B. $1,332
C. $1,216
D. $1,256
正解：D
解説: (Pass4Test メンバーにのみ表示されます)

質問 7：
Yesterday, Mariana who is new to investing and purchased mutual funds for the very first time. She shared her excitement with her good friend, Julius. However, after Julius learned about her investment, he admits that he had a bad experience with mutual fund investing and that he lost money. Mariana regrets not talking to Julius prior to making her decision. Her feelings of enthusiasm have changed to fear. She is wondering if it is too late to change her mind and cancel her purchase order.
Which statement regarding the right of withdrawal is CORRECT?
A. The right of withdrawal for investors can be different depending on which province (or territory) the fund was purchased within.
B. Mariana has to wait two business after her purchase order has been settled to exercise the right of withdrawal.
C. The Canadian Securities Administrators (CSA) created legislation that addresses the right of withdrawal for investors.
D. The Mutual Fund Dealers Association of Canada (MFDA) have written conduct rules regarding the right of withdrawal.
正解：A
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質問 8：
Which of the following form part of the disclosure documents relating to mutual funds?
A. annual proxy voting record, audited financial statements, and proof of registration
B. balance sheet, income and cash flow statements of the portfolio management company
C. statement of net assets, annual information form, management reports of fund performance
D. new account information form, quarterly financial statements, and security certification
正解：C
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