CSC2 by CSI Valid Free Exam Practice Test

Question 1

In a multi-mandate managed account, who sets the overall optimal asset mix?

A. Investment advisor B. Client C. Sub-advisor D. Overlay manager

Correct Answer: D

Question 2

What legal authority does the done receive under the protection mandate in Quebec?

A. The authority to make decisions and to perform certain actions on behalf of the donor if they become incapacitated. B. The authority to make decisions and to perform certain action on behalf of the donor while they are capable. C. The authority to get the will probated and take all the necessary steps for its execution. D. The authority to administrator and distribute the assets in the estate of a deceased after death.

Correct Answer: A

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Question 3

What type of investment has the ability to bypass probate?

A. Mutual fund. B. Structured product. C. Exchange-traded fund. D. Segregated fund.

Correct Answer: D

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Question 4

The following financial information is available for fund SKE:

What is SKE fund's net asset value per share?

A. $12,00 B. $10, 00 C. $11, 90 D. $9,90

Correct Answer: C

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Question 5

What does a fundamental analyst believe that is contrary to the beliefs of a technical analyst?

A. The profitability of the issuer is paramount. B. History repeats itself. C. Fiscal policy, monetary policy and inflation may be analyzed. D. The movements in price movements must be studied.

Correct Answer: A

Question 6

What do the returns on treasury bills often represent?

A. Bank prime rate. B. Federal funds rate C. Risk-free rate D. Inflation rate

Correct Answer: C

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Question 7

Over the previous three calendar years, fund LMO had five drawdowns as follows:

What was the maximum drawdown during this time period?

A. 52.50% B. 21.25% C. 22.50% D. 18.00%

Correct Answer: D

Question 8

Anwar is placing a market order to purchase 100 shares of AJL when the bid/ask is $10.25. " $ 10.75. Before the trade is complete, the bid/ask moves to $10.207S1Q70. What is the share price that Anwar will pay on the purchase transaction?

A. $10.75 B. $10.20 C. $10.70 D. $10.29

Correct Answer: C

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Question 9

Which asset allocation technique is used to shift the portfolio away from its policy mix to take advantage of market opportunities?

A. Tactical B. Dynamic C. Strategic D. Event-driven

Correct Answer: A

CSI Canadian Securities Course Exam2 - CSC2 Exam Practice Test