M8A - Collective Investment Schemes II
For Whom
This examination is for new and existing representatives of financial advisers who need to comply with MAS requirement to possess the requisite knowledge to advise or sell Collective Investment Schemes.
Objective
The objectives of the CMFAS Exam for Module 8A – Collective Investment Schemes II are to test candidates on their knowledge and understanding of the features, types, advantages and disadvantages of structured products, comparison with other investment options, governance structure, documentation and risks associated with the investment of structured products, particularly structured funds, elaborating on common examples, as well as to evaluate some examples of structured funds on product features, inherent risks, and performance under various market conditions in determining product suitability for the clients. It also discusses the various types of derivatives in the market, both on-the-exchange and over-the-counter.
Contents
Chapter 1 - Introduction To Structured Products
Chapter 2 - Risk Considerations Of Structured Products
Chapter 3 - Understanding Derivatives
Chapter 4 - Introduction To Structured Funds
Chapter 5 - Examples Of Structured Funds
Chapter 6 - Case Studies
Structure & Format
50 multiple-choice questions.
Duration
1 hour.
Minimum Passing Grade & Result Slip
70%
One mark will be awarded for each correct answer. No mark will be awarded or deducted for any wrong or blank answer.
No certificate will be issued. Only Result Slip will be issued.
This examination is for new and existing representatives of financial advisers who need to comply with MAS requirement to possess the requisite knowledge to advise or sell Collective Investment Schemes.
Objective
The objectives of the CMFAS Exam for Module 8A – Collective Investment Schemes II are to test candidates on their knowledge and understanding of the features, types, advantages and disadvantages of structured products, comparison with other investment options, governance structure, documentation and risks associated with the investment of structured products, particularly structured funds, elaborating on common examples, as well as to evaluate some examples of structured funds on product features, inherent risks, and performance under various market conditions in determining product suitability for the clients. It also discusses the various types of derivatives in the market, both on-the-exchange and over-the-counter.
Contents
Chapter 1 - Introduction To Structured Products
Chapter 2 - Risk Considerations Of Structured Products
Chapter 3 - Understanding Derivatives
Chapter 4 - Introduction To Structured Funds
Chapter 5 - Examples Of Structured Funds
Chapter 6 - Case Studies
Structure & Format
50 multiple-choice questions.
Duration
1 hour.
Minimum Passing Grade & Result Slip
70%
One mark will be awarded for each correct answer. No mark will be awarded or deducted for any wrong or blank answer.
No certificate will be issued. Only Result Slip will be issued.
