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M9 Set 2
SGD 29.90 Add to cart2 July 2020
CMFAS M9 Exam Question
The premiums of life insurance policies are calculated by professionals known as:
a) Actuaries.
b) Calculators.
c) Adjustors.
d) Insurance analysts.
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M3 Set 1
SGD 29.90 Add to cart2 July 2020
CMFAS M3 Exam Question
An FMC conducting fund management activity should report which of the following as assets under the FMC’s non-discretionary management?
a) The moneys contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.
b) The moneys and equity contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.
c) The moneys and debt contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.
d) The moneys and assets contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.
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M1A Set 2
SGD 29.90 Add to cart2 July 2020
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
