Exam Code: IFC
Exam Questions: 490
Investment Funds in Canada (IFC)
Updated: 24 May, 2026
Viewing Page : 1 - 49
Practicing : 1 - 5 of 490 Questions
Question 1

10 years ago, Felipe opened a registered retirement savings plan (RRSP) account and purchased a mutualfund. The mutual fund purchased included a 7-year deferred sales charge (DSC). At the time of making hisinvestment, him and his Dealing Representative agreed that he had a 25-year growth objective. Since Felipeknew that he was not planning to use his investment until he retired, he was notconcerned about the DSC. Although the rate of return did vary from year-to-year, he never noticed his mutualfund having a drop in value. This gave Felipe more confidence in the investment. As a result, he has nevermade any changes to his investment.What category of Know Your Client (KYC) information has been given?

Options :
Answer: B

Question 2

Megan purchases a treasury bill for $98,200. When it matures for $100,000, how does Megan treat the $1,800 difference?

Options :
Answer: A

Question 3

Which newspaper article would be likely to result in foreign capital moving out of a country? 

Options :
Answer: B

Question 4

You are collecting know your client (KYC) information for your new client, Yael. She has recently acceptedan early retirement package from her employer and has $100,000 to invest. She is looking for an investmentthat will provide income to help pay her ongoing monthly expenses. Without this extra income, she wouldhave trouble paying her bills. From your discussions, Yael understands that markets fluctuate and says she iscomfortable with high risk. Which of the following would be a suitable investment?

Options :
Answer: C

Question 5

What type of unemployment is caused by a lack of skilled workers? 

Options :
Answer: B

Viewing Page : 1 - 49
Practicing : 1 - 5 of 490 Questions

© Copyrights FreePDFQuestions 2026. All Rights Reserved

We use cookies to ensure that we give you the best experience on our website (FreePDFQuestions). If you continue without changing your settings, we'll assume that you are happy to receive all cookies on the FreePDFQuestions.