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ICWIM시험대비최신덤프모음집, ICWIM퍼펙트덤프공부

PassTIP에서 출시한 CISI인증 ICWIM덤프는 실제시험문제 커버율이 높아 시험패스율이 가장 높습니다. CISI인증 ICWIM시험을 통과하여 자격증을 취득하면 여러방면에서 도움이 됩니다. PassTIP에서 출시한 CISI인증 ICWIM덤프를 구매하여CISI인증 ICWIM시험을 완벽하게 준비하지 않으실래요? PassTIP의 실력을 증명해드릴게요.

만약PassTIP를 선택하였다면 여러분은 반은 성공한 것입니다. 여러분은 아주 빠르게 안전하게 또 쉽게CISI ICWIM인증시험 자격증을 취득하실 수 있습니다. 우리PassTIP에서 제공되는 모든 덤프들은 모두 100%보장 도를 자랑하며 그리고 우리는 일년무료 업데이트를 제공합니다.

>> ICWIM시험대비 최신 덤프모음집 <<

적중율 좋은 ICWIM시험대비 최신 덤프모음집 덤프공부자료

PassTIP의CISI ICWIM인증시험의 자료 메뉴에는CISI ICWIM인증시험실기와CISI ICWIM인증시험 문제집으로 나누어져 있습니다.우리 사이트에서 관련된 학습가이드를 만나보실 수 있습니다. 우리 PassTIP의CISI ICWIM인증시험자료를 자세히 보시면 제일 알맞고 보장도가 높으며 또한 제일 전면적인 것을 느끼게 될 것입니다.

최신 CISI level 3 Certificate ICWIM 무료샘플문제 (Q66-Q71):

질문 # 66
Assuming an upward-sloping yield curve that does not change, how can a fund manager profit from buying a longer-dated bond?

A. The yield will rise as the bond gets closer to maturity, so the bond can be sold for a profit
B. The yield will fall as the bond gets closer to maturity, so the bond can be sold for a profit
C. The gross redemption yield will rise on the purchased bond as maturity nears
D. As time passes, the yield and price of the purchased bond will rise

정답：B

설명：
In an upward-sloping yield curve, long-term bonds typically have higher yields than short-term bonds. As the bond nears maturity:
* Price Appreciation: The bond price rises as the yield declines due to the pull-to-par effect.
* Capital Gains Opportunity: A fund manager can sell the bond before maturity for a profit if interest rates remain unchanged.
* Yield and Price Relationship: Bond prices move inversely to yields. When yields fall, prices rise, allowing for a profit upon sale.
# Reference: CISI Wealth & Investment Management (Fixed-Income Securities), CFA Institute (Bond Pricing & Yield Curves).

질문 # 67
Historically, rapid technological change and globalisation have:

A. Decreased urbanisation
B. Decreased equity issuance
C. Increased bond issuance
D. Increased inflationary pressure

정답：C

설명：
* Impact of Technological Change and Globalisation:
* Both trends encourage economic expansion and diversification.
* Bond issuance rises as companies and governments seek capital to invest in infrastructure, technology, and globalization-driven initiatives.
* Elimination of Other Options:
* A: Urbanization has increased due to globalization, making this incorrect.
* B: Equity issuance has not significantly decreased; bonds have grown alongside equities.
* C: Technological change often reduces inflationary pressure through efficiency.
References:
* ICWIM Module 1: Globalization and Financial Markets: Examines the role of debt markets in global finance.

질문 # 68
Which index tracking method requires a swap agreement?

A. Full replication
B. Stratified Sampling
C. Optimisation
D. Synthetic Replication

정답：D

설명：
Synthetic replication involves tracking an index using derivatives such as swaps. A swap agreement allows the fund to replicate the index performance without holding the actual underlying assets, reducing transaction costs and increasing efficiency.

질문 # 69
Which of the following types of funds is able to cancel units?

A. Closed-ended
B. Open-ended
C. Investment trust
D. Split capital trust

정답：B

설명：
An open-ended fund can create or cancel units based on investor demand.
* Liquidity: Open-ended funds, such as Unit Trusts and OEICs (Open-Ended Investment Companies), continuously issue and redeem shares.
* Pricing: The price is based on the Net Asset Value (NAV).
* Flexibility: The fund manager can adjust the fund size by issuing or cancelling units.
# Reference: FCA Handbook, CISI Wealth & Investment Management (Fund Structures).

질문 # 70
Which of the following will be a major constraint on a client's ability to invest and protect against all of the risks that might arise?

A. Age
B. Risk aversion
C. Affordability
D. Tax implications

정답：C

설명：
* Why Affordability is the Major Constraint
* A client's ability to mitigate risks is directly limited by their financial resources.
* Even the most sophisticated risk strategies, such as diversification, derivatives, or insurance, require financial capacity.
* Other Options Analyzed
* Age: Impacts risk tolerance but does not constrain the financial ability to manage risks.
* Risk aversion: A behavioral factor, not a financial constraint.
* Tax implications: Important but secondary compared to affordability.
* ICWIM Textbook, Chapter on Investment Constraints: Highlights affordability as the top financial constraint.
* Wealth Planning Principles: Discusses practical limitations of risk mitigation strategies.
ReferencesThus, the answer isB. Affordability.

질문 # 71
......

PassTIP CISI ICWIM덤프 구매전 혹은 구매후 의문나는 점이 있으시면 한국어로 온라인서비스 혹은 메일로 상담 받으실수 있습니다. 기술 질문들에 관련된 문제들을 해결 하기 위하여 최선을 다 할것입니다. 고객님이 PassTIP CISI ICWIM덤프와 서비스에 만족 할 수 있도록 저희는 계속 개발해 나갈 것입니다.

ICWIM퍼펙트 덤프공부: https://www.passtip.net/ICWIM-pass-exam.html

이 점을 해결하기 위해PassTIP의CISI인증 ICWIM덤프도 시험변경에 따라 업데이트하도록 최선을 다하고 있습니다.시험문제 변경에 초점을 맞추어 업데이트를 진행한후 업데이트된CISI인증 ICWIM덤프를 1년간 무료로 업데이트서비스를 드립니다, CISI ICWIM시험대비 최신 덤프모음집 완벽한 구매후 서비스까지 겸비하고 있어 자격증을 취득하는데서의 믿음직스러운 동반자로 되어드릴게요, 우리PassTIP ICWIM퍼펙트 덤프공부 는 많은IT전문가들로 구성되었습니다, CISI ICWIM시험대비 최신 덤프모음집 여러분의 성공을 빕니다.

그 화려함과 현란함의 끝에 있는 실체는 텅 빈 허방이었다, 그리고 그것을 맞은편 절벽을 향해 빠르게 던졌다, 이 점을 해결하기 위해PassTIP의CISI인증 ICWIM덤프도 시험변경에 따라 업데이트하도록 최선을 다하고 있습니다.시험문제 변경에 초점을 맞추어 업데이트를 진행한후 업데이트된CISI인증 ICWIM덤프를 1년간 무료로 업데이트서비스를 드립니다.

ICWIM:International Certificate in Wealth & Investment Management 시험덤프 ICWIM응시자료

완벽한 구매후 서비스까지 겸비하고 있어 자격증을 취득하는데서의 믿음직스러운 동반자로 되어드릴게요, 우리PassTIP 는 많은IT전문가들로 구성되었습니다, 여러분의 성공을 빕니다, ICWIM인증시험을 PassTIP 에서 출시한 ICWIM덤프로 준비해야만 하는 이유는 ICWIM덤프는 IT업계 전문가들이 실제 시험문제를 연구하여 최신 시험문제에 대비하여 기출문제와 예상문제를 제작했다는 점에 있습니다.

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