CISI ICWIM - International Certificate in Wealth & Investment Management
Which currency is most heavily traded on international markets?
Which one of the following is true of fundamental analysis? It seeks to establish:
An inherent disadvantage with a defined contribution pension scheme is that:
An investor would regard a company’s interest cover ratio as significant as it provides:
Which financial instrument is the corporate equivalent of a Treasury Bill?
Your client estimates that they will require £50,000 of income annually to live off when they retire. Personal plus state pension will provide £40,000. They wish to retire in 25 years’ time. It is estimated that they can earn 5% per annum, and inflation has been forecast at 2%. Interest rates are currently 1.5%. Allowing for inflation, what lump sum would they need to accrue to supplement their pension?
A screenshot of a paper
AI-generated content may be incorrect.An adviser 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:
You are analysing two similar funds, A and B, which have similar returns. However, you notice Fund B has a much higher standard deviation than Fund A. This implies that:
If two sets of data have a correlation coefficient of 1.0, they possess:
A stockbroking firm receives buy and sell orders for the same security from different clients. How can they best avoid a conflict of interest?
