
CMFAS M1A (Set 2)
SGD 39.90
Add to cart
8 Jan 2026
CMFAS M1A Exam Question
The expense ratio refers to the ongoing costs of operating a fund by fund managers expressed as a percentage of the fund's:
a) average net assets
b) total net assets
c) average return on investment
d) total return on investment

CMFAS M5 (Set 2)
SGD 39.90
Add to cart
8 Jan 2026
CMFAS M5 Exam Question
Under the Securities and Futures Act (SFA), an accredited investor cannot be a/an:
a) individual
b) corporation
c) limited liability partnership
d) trustee of a trust

CMFAS M4A (Set 2)
SGD 39.90
Add to cart
8 Jan 2026
CMFAS M4A Exam Question
The offeree board must make a public announcement of a takeover offer under all the following situations except where:
a) it receives notification of a firm intention of offer from a serious source but does not view the offer favourably.
b) the offeree company is the subject of rumour or speculation about a possible offer.
c) negotiations between the offeror and the offeree company include only a restricted number of people.
d) the board of a company is aware that there are negotiations between a potential offeror and the holders of shares carrying 30% or more of the voting rights of a company.