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CSI IFC Exam Dumps Questions and Answers

Exam Code: IFC
Vendor: CSI
Last Update: Sep 13, 2025
Questions: 399 With Expert Explanation
10  Customers Passed CSI IFC
93%  Average Success In Real Exam
92%  Questions came word by word from this dump
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All Canadian Investment Funds Related Certification Exams

Investment Funds in Canada (IFC) Exam Questions and Answers

Questions 1

Karen’s know your client (KYC) profile corresponds to someone who has a long time horizon, is comfortable with risk and volatility, and is primarily interested in growth. She watches the daily movements of the Toronto Stock Exchange (TSX) and wants a mutual fund that will closely match what she sees.

What kind of mutual fund would be BEST for her?

Options:

A.

Canadian small capitalization equity fund

B.

Canadian equity index fund

C.

Canadian dividend fund

D.

Canadian bond fund

Questions 2

Stan, a portfolio manager, is looking at two steel companies as potential investments. Truesteel Inc. has a current ratio of 2:1 while Strongco Ltd. has a current ratio of 0.8:1.

What could this information indicate?

Options:

A.

It appears that Truesteel is more profitable than Strongco.

B.

Truesteel is better able to meet its short-term financial obligations than Strongco.

C.

The stock market is more optimistic about the prospects for Truesteel than Strongco.

D.

Stronqco is reiving less on debt financing than Truesteel.

Questions 3

Which of the following statements about total return for money market funds is TRUE?

Options:

A.

Performance is displayed with both current yield and effective yield.

B.

Effective yield will always be lower than current yield.

C.

Current yield incorporates the compounding effect.

D.

Current yield reflects the income earned on a money market fund for the most recent 14 day period.