Confidently Practice Online with Free ICWIM Exam Cram

Practice your International Certificate in Wealth & Investment Management certification test with free ICWIM exam cram and take control of your certification preparation. At FreeExamCram, you can practice online for free using real ICWIM exam dumps, verified questions, and expert-designed free online practice tests. Moreover our CISI ICWIM exam cram backed by our confidence-boosting refund guarantee.

Question 1

A rise in living standards will tend to:

Options :

A : Reduce the demand for commodities

B : Have no effect on commodities

C : Increase government participation in the commodities markets

D : Create an increased demand for commodities

Answer: D

Question 2

Having prepared recommendations via a report, why would an adviser suggest a face-to-face meeting with their client?

Options :

A : In order to collect fees prior to implementation of the recommendations

B : To establish the client’s tax position

C : So that the client can review the adviser’s qualifications

D : To afford the opportunity to clear up any misunderstandings

Answer: D

Question 3

Which of the following underlies the pillars of risk tolerance?

Options :

A : Psychological traits

B : Sociological traits

C : Education

D : Experience

Answer: A

Question 4

According to Modern Portfolio Theory (MPT), portfolios below the efficient frontier are not efficient because:

Options :

A : They attract additional charges

B : Risk-free assets are not profitable

C : The investor assumes proportionately higher risk for lower incremental returns

D : A greater return could be achieved for the same risk

Answer: D

Question 5

The UCITS regulations have been integral to introducing a common format for:

Options :

A : Company accounts

B : Corporate actions

C : Key investor information documents

D : Trade settlement

Answer: C