Leo Johnson Leo Johnson's Profile Page

Leo Johnson Leo Johnson

0 Course Enrolled • 0 Course Completed

Biography

Marvelous ICWIM Latest Exam Preparation & Passing ICWIM Exam is No More a Challenging Task

As a working person, the CISI ICWIM practice exam will be a great help because you are left with little time to prepare for the CISI ICWIM certification exam which you cannot waste to make time for the CISI ICWIM Exam Questions. You can find yourself sitting in your dream office and enjoying the new opportunity.

The dynamic society prods us to make better. Our services on our CISI ICWIM exam questions are also dependable in after-sales part with employees full of favor and genial attitude towards job. So our services around the CISI ICWIM Training Materials are perfect considering the needs of exam candidates all-out.

>> ICWIM Latest Exam Preparation <<

Practice ICWIM Exam Online | ICWIM Test Vce

We have to admit that the exam of gaining the ICWIM certification is not easy for a lot of people, especial these people who have no enough time. If you also look forward to change your present boring life, maybe trying your best to have the ICWIM Certification is a good choice for you. Now it is time for you to take an exam for getting the certification.

CISI International Certificate in Wealth & Investment Management Sample Questions (Q63-Q68):

NEW QUESTION # 63
How does 'relief at source' normally operate in relation to overseas dividend income?

A. A reduced rate of withholding tax is levied
B. A staggering of the tax levy is granted
C. A tax rebate is paid in cash
D. A credit is applied against a separate tax liability

Answer: A

Explanation:
Relief at source for overseas dividend income typically operates by reducing the withholding tax applied to dividends at the source. This is achieved through double taxation agreements (DTAs) between countries, which set out reduced tax rates for such income.
Example:If the standard withholding tax rate in a country is 30%, a DTA may reduce this to 15% for eligible investors.

NEW QUESTION # 64
What is the role of a central counterparty (CCP)?

A. It interposes itself between the counterparties to a trade, becoming the buyer to every seller and the seller to every buyer
B. To provide funding to counterparties as and when required
C. The CCP guarantees that the counterparties will not default
D. To act as a market maker between counterparties

Answer: A

Explanation:
# Reference: CFA Institute (Derivatives & Market Infrastructure), CISI Wealth & Investment Management.

NEW QUESTION # 65
What financial principle requires an adviser to gather extensive information from a client before making a recommendation?

A. Risk reduction
B. Disclosure
C. Know Your Customer
D. Transparency of trading

Answer: C

Explanation:
The Know Your Customer (KYC) principle is a regulatory requirement ensuring that financial advisers gather comprehensive client information before making recommendations.
* Why KYC Is Important:
* It helps in identifying the client's financial goals, risk tolerance, and investment suitability.
* It prevents fraud and money laundering by verifying the client's identity.
* It ensures that recommendations are appropriate based on the client's circumstances.
* Regulatory Requirement:
* FCA (Financial Conduct Authority) rules require firms to follow KYC processes before providing financial services.
* MiFID II (Markets in Financial Instruments Directive) mandates thorough suitability assessments.
# Reference: FCA Handbook (COBS 9 - Suitability), CISI Wealth & Investment Management.

NEW QUESTION # 66
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:

A. Low-Mid Risk
B. Mid Risk
C. Mid-High Risk
D. Low Risk

Answer: A

Explanation:
* Risk Appetite and Portfolio Composition
* A portfolio primarily of bonds and cash indicates a conservative approach, but the inclusion of equities and higher-risk investments suggests some tolerance for risk.
* A 15-year time horizon allows for a balanced approach, mitigating risks associated with equities over time.
* Why the Answer is B
* The mix of low-risk (bonds, cash) and some high-risk exposure (equities) aligns withLow-Mid Risk.
* Why Other Options are Incorrect
* A. Low Risk: Overlooks the equity and higher-risk components.
* C. Mid Risk / D. Mid-High Risk: Overestimate the risk level due to the dominance of bonds and cash.
* ICWIM Study Guide, Chapter on Risk Profiling: Explains portfolio risk classification.
References

NEW QUESTION # 67
Which of the following is used to establish an investor's total return from a bond?

A. Running yield
B. Yield to maturity
C. Price-to-book ratio
D. Annual coupon

Answer: B

Explanation:
* Yield to Maturity (YTM)
* YTM is the total return an investor can expect from a bond if held to maturity, consideringannual coupon paymentsand any difference between the purchase price and the bond's face value.
* Why the Answer is D
* YTM incorporates all cash flows, providing a comprehensive measure of total return.
* Why Other Options are Incorrect
* A. Running Yield: Considers only current income relative to price, not total return.
* B. Annual Coupon: Ignores price changes and reinvestment potential.
* C. Price-to-Book Ratio: Unrelated to bonds, applies to equities.
* ICWIM Study Guide, Chapter on Fixed Income: Details YTM and its role in total return calculations.
* Bond Investment Literature: Highlights the comprehensive nature of YTM.
References

NEW QUESTION # 68
......

As long as what you are looking for is high quality and accuracy practice materials, then our ICWIM training guide is your indispensable choices. We are sufficiently definite of the accuracy and authority of our ICWIM practice materials. So lousy materials will lead you end up in failure. They cannot be trusted unlike our ICWIM Study Materials. Come together and our materials will serve as a doable way to strengthen your ability to solve questions on your way to success.

Practice ICWIM Exam Online: https://www.braindumpspass.com/CISI/ICWIM-practice-exam-dumps.html

And you can review test questions of Practice ICWIM Exam Online - International Certificate in Wealth & Investment Management test dumps anywhere and anytime with the help of our online test engine, which can bring you new experience about the actual test, If you are not sure about to pass your exam, you can rely on the ICWIM cram vce for 100% pass, And it just needs to take one or two days to practice Practice ICWIM Exam Online - International Certificate in Wealth & Investment Management test engine.

In today's society, high speed and high efficiency ICWIM are certainly the most important points and hot topic everywhere, I amnot going to do what I have done in the ICWIM Test Vce previous questions and beat you over the head with a lot of ancillary questions.

CISI ICWIM PDF Dumps - Effective Tips To Pass

And you can review test questions of International Certificate in Wealth & Investment Management test dumps anywhere Study Materials ICWIM Review and anytime with the help of our online test engine, which can bring you new experience about the actual test.

If you are not sure about to pass your exam, you can rely on the ICWIM cram vce for 100% pass, And it just needs to take one or two days to practice International Certificate in Wealth & Investment Management test engine.

And every detail of our ICWIM learing braindumps is perfect, You can customize the practice environment to suit your learning objectives.

Leo Johnson Leo Johnson

Biography

Quick Links

Resources

Support