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CISI ICWIM Exam Syllabus Topics:

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

CISI International Certificate in Wealth & Investment Management Sample Questions:

Treasury bills are normally issued with a minimum maturity of:

  • A. 1 year
  • B. 3 years
  • C. 1 month
  • D. 3 months
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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A firm decides that it would be inappropriate to make derivative recommendations to a particular client. It is likely that the client has been categorised as:

  • A. A retail client
  • B. A professional
  • C. An eligible counterparty
  • D. A private investor
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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The return on a whole-of-life unit-linked policy is:

  • A. Directly related to the performance of the insurance company's fund
  • B. Dependent on prevailing interest rates
  • C. Related to the Consumer Price Index (CPI)
  • D. Linked to the rate of inflation
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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The UCITS regulations have been integral to introducing a common format for:

  • A. Company accounts
  • B. Corporate actions
  • C. Trade settlement
  • D. Key investor information documents
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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When a UK based investor receives overseas equity dividend income, which one of the following types of tax may have been deducted?

  • A. UK Corporation Tax
  • B. Withholding Tax
  • C. Value Added Tax
  • D. Stamp Duty
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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