10 Questions
Who is the author of the workbook?
Dianne Ramdeen, MSc, FCCA, CFA, MCSI
Where is the Chartered Institute for Securities & Investment located?
20 Fenchurch Street, London EC3M 3BY, United Kingdom
What does the workbook aim to prepare you for?
International Introduction to Securities & Investment examination
Who accepts no responsibility for persons undertaking trading or investments?
Chartered Institute for Securities & Investment
Until when will the workbook cover exams?
9 September 2024
What is the term used to describe funds that pool the resources of many investors to provide access to a range of investments?
Collective investment schemes (CISs)
Which type of fund can create new shares in response to investor demand or cancel them when sold so that their capital can expand or contract?
Open-ended fund
What is another well-known name for collective investment schemes (CISs)?
Mutual funds
When an individual buys a stake in an investment fund that invests in the shares of a range of different types of companies, it is an example of:
Indirect investment
What does achieving an adequate spread of investments through holding direct investments require?
A significant amount of money
Study Notes
Workbook Information
- The author of the workbook is not specified.
- The Chartered Institute for Securities & Investment is located in the UK.
Workbook Purpose and Liability
- The workbook aims to prepare students for exams.
- The Chartered Institute for Securities & Investment accepts no responsibility for persons undertaking trading or investments.
Exam Coverage
- The workbook will cover exams until at least 2025.
Investment Funds
- The term used to describe funds that pool the resources of many investors to provide access to a range of investments is a collective investment scheme (CIS).
- CISs are also known as investment funds.
- Open-ended investment companies (OEICs) can create new shares in response to investor demand or cancel them when sold, so that their capital can expand or contract.
Diversification
- When an individual buys a stake in an investment fund that invests in the shares of a range of different types of companies, it is an example of diversification.
- Achieving an adequate spread of investments through holding direct investments requires diversification.
Prepare for the Chartered Institute for Securities & Investment’s International Introduction to Securities & Investment exam with this workbook covering syllabus version 16.0. Get ready for exams from 10 September 2023 to 9 September 2024.
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