P.S. KaoGuTi在Google Drive上分享了免費的2026 CISI IFC考試題庫：https://drive.google.com/open?id=1OiaS7F7gsZG0ext81n7ocwOoPmc0x2AI
如果考生沒有基礎，可以選擇資策會進行補習，考生在還要上班的情形下，又想快速通過 IFC 考試，可以選擇 KaoGuTi IFC 題庫，覆蓋率很高，可以順利通過考試，從而獲得 CISI 的認證證書。我們承諾所有購買“IFC題庫”的客戶，都將獲得一年免費升級的售後服務，確保客戶考試的一次通過率。並實行“一次不過全額退款”的保障，絕對保證考生的利益不受到任何的損失。
| Certification Vendor: | CISI (Chartered Institute for Securities & Investment) |
|---|---|
| Exam Name: | Investment Funds in Canada (IFC) Exam |
| Exam Number: | IFC |
| Related Certifications: | Conduct and Practices Handbook (CPH) Canadian Securities Course (CSC) |
| Available Languages: | French, English |
| Real Exam Qty: | 100 |
| Exam Duration: | 180 minutes |
| Passing Score: | 60% |
| Exam Format: | Multiple Choice, Proctored (online or test centre) |
| Certificate Validity Period: | 1 year enrolment period (certification validity not explicitly fixed; varies by regulator/employer context) |
| Recommended Training: | CSI learning platform (study tools & practice) CSI official IFC study materials |
| Exam Registration: | CSI IFC official course page CSI IFC exam information |
| Sample Questions: | CISI IFC Sample Questions |
| Exam Way: | Proctored exam (online remote or in-person test centre) |
| Pre Condition: | No formal prerequisite exams required; typically taken as an entry-level mutual funds licensing qualification in Canada. |
| Official Syllabus URL: | https://www.csi.ca/en/learning/courses/ifc/exam-credits |
KaoGuTi的產品不僅幫助客戶100%通過第一次參加的CISI IFC 認證考試，而且還可以為客戶提供一年的免費線上更新服務，第一時間將最新的資料推送給客戶，讓客戶瞭解到最新的考試資訊。所以KaoGuTi不僅是個產品品質很好的網站，還是個售後服務很好的網站。
| 主題 | 簡介 |
|---|---|
| 主題 1 |
|
| 主題 2 |
|
| 主題 3 |
|
| 主題 4 |
|
| 主題 5 |
|
| 主題 6 |
|
| 主題 7 |
|
問題 #217
What is an implicit cost of principal protected notes?
答案：B
解題說明：
Implicit costs of principal protected notes include performance participation caps, which limit the potential returns and are not always explicitly disclosed. The feedback from the document states:
"Implicit costs include fees borne by investors that may or may not be immediately visible and that may or may not be openly disclosed in the documents. Of the items listed, three are explicit costs, and only Performance Participation Caps are an implicit cost." Reference: Chapter 13 - Alternative Managed ProductsLearning Domain: Understanding Alternative Managed Products
問題 #218
Seth's brother Keith manages a successful private equity fund. Seth is an investment advisor and has thoroughly evaluated Keith's fund. He believes it would be an excellent investment for some of his clients. If Seth does not disclose his relation to Keith prior to recommending this investment, what value does he stand to breach with his client?
答案：B
解題說明：
According to CSC ethical guidelines, integrity requires an advisor to act honestly and avoid conflicts of interest.
By recommending his brother's private equity fund without disclosing the relationship, Seth risks a conflict of interest and breaches the principle of integrity.
Duty of care relates to suitability and due diligence.
Compliance refers to following regulations.
Confidentiality refers to safeguarding client information.
Thus, the violated value is Integrity.
問題 #219
Jack and Jill hold a mutual fund account as tenants in common. What conditions would apply to their account?
* Should either die, full ownership of the account would pass to the other
* Each would be the owner of 50% of the account's assets
* Either could issue trading instructions on all account assets
* Each would be required to provide KYC information
答案：D
解題說明：
Comprehensive and Detailed Explanation From Exact Extract:
In a tenants in common account, each owner holds a pro-rata share (e.g., 50%) and can only issue instructions for their portion, with no right of survivorship. KYC information is required for both owners. The feedback from the document states:
"If more than one person owns an account and it is not specifically identified as being a joint account, each owner owns a pro-rata share of the account, unless ownership is divided in another manner and noted on the account. Where an account is held as tenants in common, there is no right of survivorship and each owner, unless otherwise specified, can only give instructions with regard to the pro-rata portion of the account." Reference:Chapter 17 - Mutual Fund Dealer RegulationLearning Domain:Ethics, Compliance and Mutual Fund Regulations
問題 #220
Ai Fen has recently become registered to sell mutual funds with Acadian Eastern Financial, a mutual fund dealer. Ai Fen determined that with her background of being a Chartered Financial Analyst, she can help people understand the nature of investing more easily than others in her field.
Which registration category will need to be prominently noted on Ai Fen's business card to comply with the
"holding out rule"?
答案：C
解題說明：
The holding out rule is a regulatory requirement that prohibits registered individuals from using any title or designation other than their registration category when dealing with clients or potential clients. The purpose of this rule is to prevent misleading or confusing representations about the qualifications, roles, and responsibilities of registered individuals. According to Section 4.4 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103), individuals who are registered to sell mutual funds must use the title "dealing representative" when holding out to clients or potential clients.
Therefore, Ai Fen must prominently note "dealing representative" on her business card to comply with the holding out rule. The other options are not valid registration categories for selling mutual funds. Option B is a generic term that does not specify the type of securities that can be sold. Option C is a registration category for individuals who trade securities on behalf of an investment dealer. Option D is a professional designation that does not indicate registration status. References: [Holding Out Rule], [Registration Categories],
[Registration Requirements, Exemptions and Ongoing Registrant Obligations]
問題 #221
What client-focused reform became effective in the second phase of 2021, requiring registered firms to have policies, procedures and controls to appropriately assess, approve and monitor all securities made available to clients?
答案：D
解題說明：
The requirement described is Know Your Product (KYP) . Under the Client Focused Reforms, registered firms must establish a product-review process for securities made available to clients. This includes assessing relevant features, structure, risks, initial and ongoing costs, and other characteristics; approving securities before they are placed on the firm ' s product shelf; and monitoring them for significant changes. The IFC material similarly describes KYP as requiring dealing representatives to understand the products they purchase, sell, or recommend, including their features, risks, costs, and suitability implications. Suitability is related but represents the subsequent determination that an investment action is appropriate for a particular client. Current CSA guidance confirms that securities made available to clients must be assessed, approved and monitored through the firm ' s KYP process. Therefore, B is correct.
問題 #222
......
IFC題庫更新資訊: https://www.kaoguti.com/IFC_exam-pdf.html
P.S. KaoGuTi在Google Drive上分享了免費的2026 CISI IFC考試題庫：https://drive.google.com/open?id=1OiaS7F7gsZG0ext81n7ocwOoPmc0x2AI