M8A Set 1

SGD 29.90

2 July 2020

CMFAS M8A Exam Question

Structured Funds have which of the following types of characteristics compared to other types of wrappers?

a) High administrative cost.

b) Capital guaranteed.

c) Flexibility.

d) Transparency.

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  • M8 Set 1

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    2 July 2020

    CMFAS M8 Exam Question

    Which of the following actions can be taken to secure a price now to protect against future declining prices of a commodity?

    a) Go long on the commodity futures contract.

    b) Go short on the commodity futures contract.

    c) Sell all existing stock of the commodity.

    d) Buy more stock of the commodity.

  • M8A Set 2

    SGD 29.90 Add to cart

    2 July 2020

    CMFAS M8A Exam Question

    Which of the following is NOT an early termination feature in a structured product?

    a) Callable option.

    b) Kick-in option.

    c) Knock-out option.

    d) Default option.

  • M8 Set 2

    SGD 29.90 Add to cart

    2 July 2020

    CMFAS M8 Exam Question

    Which of the following is NOT true regarding banker’s acceptances?

    a) They are used to facilitate international commercial trade transactions.

    b) They represent a claim on the issuing bank.

    c) They have no maturity date.

    d) They are issued at a discount to face value.