CISI ICWIM Q&A - in .pdf

  • ICWIM pdf
  • Exam Code: ICWIM
  • Exam Name: International Certificate in Wealth & Investment Management
  • Updated: Sep 10, 2026
  • Q & A: 256 Questions and Answers
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  • Exam Code: ICWIM
  • Exam Name: International Certificate in Wealth & Investment Management
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  • Updated: Sep 10, 2026
  • Q & A: 256 Questions and Answers
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CISI ICWIM Q&A - Testing Engine

  • ICWIM Testing Engine
  • Exam Code: ICWIM
  • Exam Name: International Certificate in Wealth & Investment Management
  • Updated: Sep 10, 2026
  • Q & A: 256 Questions and Answers
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CISI ICWIM Exam Syllabus Topics:

SectionWeightObjectives
Client Advisory25%- Client needs analysis
  • 1. Risk profiling and suitability
  • 2. Time horizons
  • 3. Investment objectives
- Portfolio construction
  • 1. Asset allocation strategies
  • 2. Performance measurement
  • 3. Portfolio review and rebalancing
Regulation and Ethics15%- Regulatory framework
  • 1. Financial regulation principles
  • 2. Compliance requirements
  • 3. Investor protection
- Ethical conduct
  • 1. CISI Code of Ethics
  • 2. Professional responsibilities
  • 3. Conflict of interest
Market Environment20%- Economic environment
  • 1. Business cycles
  • 2. Macroeconomic factors affecting investments
  • 3. Interest rates and inflation
- Role and function of financial markets
  • 1. Market indices and benchmarks
  • 2. Types of financial markets and their roles
  • 3. Market participants and intermediaries
Financial Products20%- Bonds and fixed income
  • 1. Yield and price relationships
  • 2. Bond types and characteristics
  • 3. Credit risk
- Collective investments
  • 1. Fund selection criteria
  • 2. ETFs and index trackers
  • 3. Funds and structured products
- Equities and shares
  • 1. Dividends and total return
  • 2. Valuation methods
  • 3. Types of equity
Risk and Return20%- Portfolio theory
  • 1. Asset allocation principles
  • 2. Risk-return profiling
  • 3. Modern portfolio theory
- Risk concepts
  • 1. Risk diversification
  • 2. Risk measurement
  • 3. Types of investment risk

CISI International Certificate in Wealth & Investment Management Sample Questions:

Question #1

How does 'relief at source' normally operate in relation to overseas dividend income?

  • A. A tax rebate is paid in cash
  • B. A reduced rate of withholding tax is levied
  • C. A credit is applied against a separate tax liability
  • D. A staggering of the tax levy is granted
Answer: B

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Question #2

What is the most likely effect on the demand curve of an increase in consumer preference for a good?

  • A. A downward movement
  • B. A leftward shift
  • C. An upward movement
  • D. A rightward shift
Answer: D

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Question #3

Structured deposits offer the benefit of:

  • A. Guaranteed high returns
  • B. Tax free savings
  • C. Potential higher returns
  • D. Reduced income tax liability
Answer: C

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Question #4

The supply curve for an industry would be expected to shift to the left if:

  • A. Technology is introduced
  • B. The price of raw materials decreased
  • C. The price of raw materials increased
  • D. Competition from firms entering the industry increased
Answer: C

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Question #5

Why might a portfolio manager use an equity fund rather than direct equity investment within a portfolio?

  • A. In order to reduce ongoing charges
  • B. To avoid paying capital gains tax
  • C. To benefit from changes in volatility
  • D. To gain exposure to a specialist sector
Answer: D

Explanation: Only visible for TroytecDumps members. You can sign-up / login (it's free).

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