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CISI ICWIM Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Investment and Financial Markets | - Market participants and their roles
- Structure of financial markets
- Asset classes and investment products
|
| Topic 2: Wealth Management Principles | - Client investment needs and objectives
- Risk and return concepts
- Portfolio construction basics
|
| Topic 3: Investment Products and Suitability | - Taxation and charges overview
- Equities, bonds, and collective investments
- Suitability and client profiling
|
| Topic 4: Regulation and Ethics | - Ethical standards in investment advice
- Regulatory environment in financial services
- Conduct of business and compliance principles
|
CISI International Certificate in Wealth & Investment Management Sample Questions:
1. How does the inclusion of a bond fund within a portfolio provide benefits over direct investing?
A) A bond fund provides a greater level of income
B) It allows for diversification that would not otherwise be possible
C) Bond fund charges will always be lower
D) A bond fund is more likely to match the exact needs of the client
2. Personal accident policies will pay out:
A) Once the insurance company has received the medical documentation
B) Following a waiting period
C) On the day of the accident
D) Once the insured has been seen by a doctor
3. If a financial adviser issues a report to a client which recommends a specific protection product, what item relating to this product will often be attached to this report?
A) Key features document
B) Terms of business letter
C) Past performance table
D) Policy schedule
4. The supply curve for an industry would be expected to shift to the left if:
A) The price of raw materials decreased
B) The price of raw materials increased
C) Competition from firms entering the industry increased
D) Technology is introduced
5. Under an accumulation and maintenance trust, when does the trustees' discretion over payments normally cease (if at all)?
A) It continues indefinitely
B) On the death of the settlor
C) At the end of a prescribed period
D) On the death of the life tenant
Solutions:
Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: C |