Exam ICWIM Cram Review | ICWIM Exam Paper Pdf

P.S. Free 2025 CISI ICWIM dumps are available on Google Drive shared by ActualtestPDF: https://drive.google.com/open?id=1bfRH4wr0hdlcB4GeGvZ3Sa_GuU_Fjooj

We think of providing the best services of ICWIM exam questions as our obligation. So we have patient after-sales staff offering help 24/7 and solve your problems all the way. Those considerate services are thoughtful for your purchase experience and as long as you need us, we will solve your problems. Our staff is suffer-able to your any questions related to our ICWIM test guide. If you get any suspicions, we offer help 24/7 with enthusiasm and patience. Apart from our stupendous ICWIM Latest Dumps, our after-sales services are also unquestionable. Your decision of the practice materials may affects the results you concerning most right now. Good exam results are not accidents, but the results of careful preparation and high quality and accuracy materials like our ICWIM practice materials.

Possessing CISI certification will be a standard to test IT workers' qualifications. ICWIM reliable exam preparation will be a key to a certification. If you want to apply for a senior management position, one certification will be an outstanding advantage. I advise people pass exams and get certifications with ICWIM Reliable Exam Preparation as soon as possible so that you will be one step ahead while facing better job opportunities.

>> Exam ICWIM Cram Review <<

Verified CISI ICWIM: Exam International Certificate in Wealth & Investment Management Cram Review - Professional ActualtestPDF ICWIM Exam Paper Pdf

You can use your smart phones, laptops, the tablet computers or other equipment to download and learn our ICWIM study materials. Moreover, our customer service team will reply the clients’ questions patiently and in detail at any time and the clients can contact the online customer service even in the midnight. The clients at home and abroad can purchase our ICWIM Study Materials online. Our service covers all around the world and the clients can receive our ICWIM study materials as quickly as possible.

CISI International Certificate in Wealth & Investment Management Sample Questions (Q75-Q80):

NEW QUESTION # 75
Why might a custom benchmark be required when measuring portfolio performance?

A. It is easier than using a pre-defined benchmark
B. To establish the size of the tracking error
C. So that the portfolio can be measured in absolute terms
D. The portfolio spans several different asset classes

Answer: D

Explanation:
A custom benchmark is necessary when a portfolio contains multiple asset classes, as no single index can fully represent its performance.
* Why is Option D Correct?
* A diversified portfolio (e.g., equities, bonds, commodities) needs a composite benchmark that reflects its asset allocation.
* Example: A portfolio with 60% equities and 40% bonds might use a benchmark of 60% MSCI World Index and 40% Barclays Global Bond Index.
* Why Not Other Options?
* A (Easier than a pre-defined benchmark) # Custom benchmarks require more effort, not less.
* B (Absolute performance measure) # Benchmarks compare performance relative to the market, not in absolute terms.
* C (Tracking error measurement) # A benchmark helps measure tracking error, but the need for a custom benchmark arises due to asset diversity.
# Reference: CFA Institute (Benchmarking), CISI Wealth & Investment Management.

NEW QUESTION # 76
An inherent disadvantage with a defined contribution pension scheme is that:

A. The level of retirement income is not known before retirement
B. Employees always have to contribute more than employers
C. Gains within the scheme are subject to capital gains tax
D. Employers never contribute to the scheme

Answer: A

Explanation:
A Defined Contribution (DC) pension scheme is a retirement savings plan where contributions are invested, and the final pension depends on investment performance.
* Why is Option A Correct?
* The final retirement income is uncertain because it depends on investment returns, contribution levels, and annuity rates at retirement.
* Unlike Defined Benefit (DB) schemes, where retirees receive a fixed pension, DC schemes do not guarantee a set payout.
* How Defined Contribution (DC) Schemes Work:
* Contributions are made by employees (and often by employers).
* Funds are invested in stocks, bonds, or mixed assets.
* Upon retirement, the individual may withdraw lump sums, purchase an annuity, or opt for pension drawdown.
* Why Not Other Options?
* B (Employers never contribute) # Incorrect. Many employers do contribute, particularly in workplace pensions (e.g., auto-enrolment in the UK).
* C (Capital gains tax applies) # Incorrect. Pension funds grow tax-free (no CGT on gains).
* D (Employees always contribute more) # Incorrect. Employer contributions vary by scheme- some match employee contributions, others contribute less.
# Reference: UK Pensions Act 2008 (Auto-Enrolment), FCA Pension Regulations, CISI Wealth & Investment Management.

NEW QUESTION # 77
A market which employs an electronic order book to match buyers with sellers in strict order by price is known as:

A. On-exchange
B. Order-driven
C. Quote-driven
D. Over-the-counter

Answer: B

Explanation:
In an order-driven market, an electronic order book is used to match buy and sell orders based on strict price and time priority. This system ensures transparency and fair pricing since all orders are visible to market participants.

NEW QUESTION # 78
A firm has an existing client who is the head of a foreign state. What type of due diligence should the firm undertake if the client's spouse applies to become a client?

A. Enhanced
B. Simplified
C. Additional
D. Standard

Answer: A

Explanation:
A client who is the spouse of the head of a foreign state is classified as aPolitically Exposed Person (PEP).
Firms are required to undertakeenhanced due diligence (EDD)for PEPs and their immediate family members due to the increased risk of corruption, money laundering, or misuse of public funds.
* Simplified (A): This applies to low-risk clients, not PEPs.
* Standard (B): Standard due diligence is insufficient for PEPs or their relatives.
* Additional (D): This term is not a formal category under anti-money laundering (AML) regulations.
References:
* International Certificate in Wealth & Investment Management: AML procedures and the treatment of PEPs.
* FATF (Financial Action Task Force) guidelines on enhanced due diligence for politically exposed persons.

NEW QUESTION # 79
Which of the following is a money laundering offence?

A. Producing
B. Developing
C. Concealing
D. Avoiding

Answer: C

Explanation:
Money laundering is the process of disguising the origins of illegally obtained money to make it appear legitimate. Concealing assets derived from criminal activities is a criminal offence under anti-money laundering (AML) laws.
* Definition: "Concealing" means hiding or disguising the true nature, location, source, ownership, or control of funds derived from criminal activity.
* Legal Framework: The Financial Action Task Force (FATF) and UK Proceeds of Crime Act 2002 (POCA) classify "concealing" as an offence.
* Three Stages of Money Laundering:
* Placement: Introducing illicit funds into the financial system.
* Layering: Concealing the source via multiple transactions.
* Integration: Reintroducing "cleaned" funds into the economy.
# Reference: CISI Wealth & Investment Management (AML), FATF Guidelines, UK POCA 2002.

NEW QUESTION # 80
......

CISI ICWIM certification exam is a high demand exam tests in IT field because it proves your ability and professional technology. To get the authoritative certification, you need to overcome the difficulty of ICWIM Test Questions and complete the actual test perfectly. Our training materials contain the latest exam questions and valid ICWIM exam answers for the exam preparation, which will ensure you clear exam 100%.

ICWIM Exam Paper Pdf: https://www.actualtestpdf.com/CISI/ICWIM-practice-exam-dumps.html

CISI Exam ICWIM Cram Review Our staff provides you with the smoothest system, CISI Exam ICWIM Cram Review In addition, we can promise the updating system is free for you, We are the leading position with high passing rate of CISI ICWIM exam preparatory in this field recent years, Some useless products may bring about an adverse effect, so choose our ICWIM practice engine is 100 percent secure for their profession and usefulness and also our considerate after-sales services.

This architecture often intersects with web services, Infer a Variable's ICWIM Data Type Based on Assignment, Our staff provides you with the smoothest system, In addition, we can promise the updating system is free for you.

Choosing Exam ICWIM Cram Review in ActualtestPDF Makes It As Relieved As Sleeping to Pass International Certificate in Wealth & Investment Management

We are the leading position with high passing rate of CISI ICWIM Exam preparatory in this field recent years, Some useless products may bring about an adverse effect, so choose our ICWIM practice engine is 100 percent secure for their profession and usefulness and also our considerate after-sales services.

In addition, the download process is easy, candidates Online ICWIM Test only need to log in our purchase page and download it, which just take a few minutes in total.

DOWNLOAD the newest ActualtestPDF ICWIM PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=1bfRH4wr0hdlcB4GeGvZ3Sa_GuU_Fjooj

Dave Lee Dave Lee

Biography

Exam ICWIM Cram Review | ICWIM Exam Paper Pdf

Verified CISI ICWIM: Exam International Certificate in Wealth & Investment Management Cram Review - Professional ActualtestPDF ICWIM Exam Paper Pdf

CISI International Certificate in Wealth & Investment Management Sample Questions (Q75-Q80):

Choosing Exam ICWIM Cram Review in ActualtestPDF Makes It As Relieved As Sleeping to Pass International Certificate in Wealth & Investment Management

Courses

Quick Links

Contact