최신 CISI level 3 Certificate ICWIM 무료샘플문제:
1. Performance attribution analysis attempts to explain why a portfolio had a certain return. It does so by breaking down performance based on the decisions made by the fund manager in which of the following?
A) Asset allocation alone
B) Asset allocation and sector choice only
C) The combination of asset allocation, sector choice, and security selection
D) The combination of asset allocation, sector choice, security selection, and risk analysis
2. Which factor forms the basis of an appropriateness test?
A) Age
B) Qualifications
C) Wealth
D) Experience
3. Negotiable bearer securities issued by commercial banks in exchange for fixed-term deposits are known as:
A) Bills of Exchange
B) Commercial Paper
C) Treasury Bills
D) Certificates of Deposit
4. A company recently increased its earnings per share figure by 10%. This means that the company's:
A) Share base has widened
B) P/E ratio has increased
C) Market share has risen
D) Ability to pay dividends has improved
5. Why would a composite benchmark be needed to measure portfolio performance?
A) Because the portfolio spans several asset classes
B) Because the portfolio forms part of the investment universe
C) To lower the tracking error
D) It makes it easier for the fund manager
질문과 대답:
질문 # 1 정답: C | 질문 # 2 정답: D | 질문 # 3 정답: D | 질문 # 4 정답: D | 질문 # 5 정답: A |