CMFAS M1A (Set 1)
SGD 39.90
3 Apr 2025
CMFAS M1A Exam Question
A contract made on SGX-ST can be cancelled only if:
a) delivery fails
b) payment is not made on delivery
c) the share registrar refuses to register a transfer
d) the CMS licence holders to an error trade have agreed to the cancellation
You may also like…
-
CMFAS M1A (Set 2)
SGD 39.90 Add to cart3 Apr 2025
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
Related products
-
CMFAS M3 (Set 2)
SGD 39.90 Add to cart3 Apr 2025
CMFAS M3 Exam Question
Which of the following statements regarding a Fund Management Company (FMC) is false?
a) If a FMC’s managed assets are not subject to independent custody arrangements, the FMC is required to disclose this fact to the investors and to obtain their acknowledgement.
b) FMCs are required to provide investors with an audit report of the assets each year.
c) FMCs that manage private equity and venture capital funds are not required to comply with client segregation requirements in respect of client moneys.
d) A FMC that acts as investment adviser to another investment manager should satisfy itself that the assets that it advises on are subject to independent custody.
-
CMFAS M2A (Set 1)
SGD 39.90 Add to cart3 Apr 2025
M2A Exam Question
Which type of market manipulation describes a situation whereby a broker trades the opposite side of a customer's order with the intention to profit from the customer's order?
a) Bucketing
b) Cornering
c) Monopolising
d) Inflating
-
CMFAS M6A (Set 1)
SGD 39.90 Add to cart3 Apr 2025
CMFAS M6A Exam Question
Which of the following statements is NOT true regarding foreign exchange swap agreements?
a) It is a contract in which one party borrows one currency from one party and simultaneously lends another currency to another party.
b) Each party uses the repayment obligation to its counterparty as collateral and the amount of repayment is fixed at the foreign exchange forward rate as determined by the contract.
c) Foreign exchange swaps can eliminate foreign exchange rate risks.
d) Foreign exchange swaps have counter-party risks.