CISI ICWIM - International Certificate in Wealth & Investment Management
"An approach which applies a theoretical price to a company’s shares by discounting the company’s expected future cash flow into infinity." This statement is describing the:
If the holder of a long futures contract sells it ahead of expiry, they are considered to have:
It is a regulatory requirement for financial advisers to explain any potential additional obligations for clients making a transaction in:
Why is the process of prioritising the protection needs of your client important?
An advisor is reviewing a client's portfolio which has a time horizon of 15 years and is made up primarily of bonds and cash but with some exposure to equities and other higher-risk investments. It is reasonable to believe that the client's risk appetite is:
For what reason is holding bearer shares potentially disadvantageous?
Which of the following underlies the pillars of risk tolerance?
A company recently increased its earnings per share figure by 10%. This means that the company’s:
Which type of fund makes a single daily transaction?
To minimise risk and maximise diversification, a portfolio should hold securities with:
