P.S. Fast2test在Google Drive上分享了免費的、最新的CSC2考試題庫：https://drive.google.com/open?id=1Y3xvsrbjP34tafOwmtQVZDSvsGv8n5PG
想通過學習CSI的CSC2認證考試的相關知識來提高自己的技能，讓別人更加認可你嗎？CSI的考試可以讓你更好地提升你自己。如果你取得了CSC2認證考試的資格，那麼你就可以更好地完成你的工作。雖然這個考試很難，但是你準備考試時不用那麼辛苦。使用Fast2test的CSC2考古題以後你不僅可以一次輕鬆通過考試，還可以掌握考試要求的技能。
| Certification Vendor: | CSI (Canadian Securities Institute) |
|---|---|
| Exam Name: | Canadian Securities Course Examination 2 |
| Exam Number: | CSC2 |
| Real Exam Qty: | 100 |
| Exam Duration: | 120 minutes |
| Available Languages: | French, English |
| Passing Score: | 60% |
| Exam Format: | Multiple Choice |
| Exam Price: | CAD $250 (approximately) |
| Related Certifications: | CSC1 CPH (Conduct and Practices Handbook) CIM (Chartered Investment Manager) |
| Certificate Validity Period: | No expiry, but must be registered within 5 years of passing |
| Sample Questions: | CSI CSC2 Sample Questions |
| Exam Way: | Computer-based testing at Pearson VUE test centers |
| Pre Condition: | Must pass CSC1 before taking CSC2; Completion of both exams required for securities registration |
| Official Syllabus URL: | https://www.csi.ca/ |
作為IT認證考試相關資料的專業提供者，Fast2test一直在為考生們提供優秀的參考資料，並且幫助了數不清的人通過了考試。Fast2test的CSC2考古題可以給你通過考試的自信，讓你輕鬆地迎接考試。利用這個考古題，只要你經過很短時間段額準備你就可以通過考試。覺得不可思議嗎？但是，這是真的。只要你用，Fast2test就可以讓你看到奇跡的發生。
| 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 #224
What type of risk were mortgage-backed securities designed to address?
答案：B
解題說明：
Mortgage-Backed Securities (MBS)are designed to addressprepayment risk, which arises when borrowers pay off their mortgages earlier than expected. Prepayments reduce the interest income investors receive and can affect the expected return on the security.
* Why Prepayment Risk is Addressed:
* Prepayment often occurs when interest rates decline, as borrowers refinance their mortgages. This leaves MBS investors reinvesting at lower yields, which impacts returns.
* Structuring MBS helps mitigate prepayment risk through mechanisms like tranches in Collateralized Mortgage Obligations (CMOs).
* Explanation of Options:
* A. Liquidity: Incorrect. MBS provides liquidity to lenders but is not designed to address liquidity risk directly.
* B. Interest Rate: Incorrect. MBS investors are still exposed to interest rate risk as rates impact prepayment behavior.
* C. Rollover: Incorrect. Rollover risk applies to short-term debt securities, not MBS.
* D. Prepayment: Correct. MBS structures are specifically designed to mitigate the impact of prepayments on investors.
References:
* CSC Volume 2, Chapter 23: Risks of structured products, particularly prepayment risks in MBS.
問題 #225
What legal authority does the done receive under the protection mandate in Quebec?
答案：D
解題說明：
In Quebec, the concept of a protection mandate (also known as a " mandate in case of incapacity " ) allows a person (the donor) to appoint someone (the mandatary or donee) to act on their behalf if they become unable to do so. The legal authority granted under this mandate encompasses decision-making and taking actions on behalf of the donor when they are incapacitated, ensuring their personal, medical, and financial interests are protected.
* Purpose: The primary purpose of the protection mandate is to prepare for a scenario where the donor loses their mental or physical capacity to manage their own affairs. It is a proactive measure for managing one ' s personal care and assets.
* Scope of Authority:
* The mandatary gains authority to make personal and financial decisions once the incapacity of the donor is confirmed, usually by a medical and legal process.
* The decisions may include managing bank accounts, paying bills, handling investments, and making healthcare decisions on behalf of the donor.
* Validation Requirement: The mandate only comes into effect after a formal validation process involving legal authorities to confirm the donor ' s incapacity.
* Legal Framework: The Quebec Civil Code governs the creation and execution of a protection mandate, ensuring the mandatary acts in the best interest of the incapacitated individual.
* The protection mandate specifically applies in cases where the donor is incapacitated. It grants the donee authority to manage aspects of the donor ' s life that they can no longer handle themselves.
* Options A, C, and D refer to different legal instruments or scenarios, such as probating a will (A), acting while the donor is capable (C), or estate administration after death (D), none of which are relevant under a protection mandate in Quebec.
References from CSC Study Materials:
* Volume 2, Chapter 26: " Working with the Retail Client, " Section on Estate Planning, Powers of Attorney, and Living Wills.
問題 #226
What is the main pitfall of closet indexing for investors?
答案：C
解題說明：
Closet indexing is a controversial practice where a fund manager claims to actively manage a portfolio but instead mirrors an index closely. This practice undermines the very premise of active management.
* Lack of Value Addition: Investors pay higher fees for active management without receiving the expected benefits, as the portfolio closely tracks a benchmark index.
* Deceptive Marketing: Funds marketed as actively managed may mislead investors, violating transparency principles.
* Limited Alpha Generation: Since the portfolio resembles an index, it often fails to deliver excess returns ( " alpha " ), defeating the purpose of active management.
* Regulatory Concerns: Closet indexing raises ethical questions and can lead to scrutiny by regulatory bodies.
Option C highlights the core issue of closet indexing-misrepresenting a passively managed portfolio as active, leading to higher fees without the commensurate effort or performance.
References:
Volume 2, Section 18: Mutual Funds-Indexing and Closet Indexing.
Volume 2, Section 13: Portfolio Manager Styles-Active vs. Passive Management.
問題 #227
Which fee is paid to mutual fund sales representatives by the mutual fund manager?
答案：B
問題 #228
What is one at the most important factors to determine how much of a product people buy or sell in a given marketplace?
答案：D
解題說明：
Theprice levelis one of the most critical factors influencing how much of a product people buy or sell in a marketplace. According to the laws of supply and demand, changes in the price of a product directly affect consumer behavior, where higher prices typically reduce demand, and lower prices increase it.
References:
* Volume 1, Chapter 4:Overview of Economics, section on "The Market" discusses supply, demand, and how price levels determine market activity.
問題 #229
......
CSC2學習指南: https://tw.fast2test.com/CSC2-premium-file.html
P.S. Fast2test在Google Drive上分享了免費的2026 CSI CSC2考試題庫：https://drive.google.com/open?id=1Y3xvsrbjP34tafOwmtQVZDSvsGv8n5PG