ICWIM exam dumps

CISI ICWIM Value Package

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  • Exam Code: ICWIM
  • Exam Name: International Certificate in Wealth & Investment Management
  • No. of Questions: 256 Questions and Answers
  • Updated: Oct 11, 2026

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CISI ICWIM Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Industry Regulation10%- Compliance and governance
- Financial crime prevention
- Regulatory authorities and rules
- Client categorization and protection
Topic 2: Asset Classes10%- Derivatives
- Real estate and alternative assets
- Fixed income securities
- Cash and money market instruments
- Equities
Topic 3: Investment Advice21%- Advisory process
- Taxation principles
- Portfolio recommendations and review
- Communication and documentation
Topic 4: Lifetime Financial Provision18%- Retirement planning
- Estate and succession planning
- Protection and insurance planning
- Trusts and foundations
Topic 5: Economics and Investment Analysis10%- Investment mathematics and statistics
- Economic indicators and cycles
- Macroeconomics and markets
- Valuation methods
Topic 6: Fiduciary Relationships16%- Risk profiling and suitability
- Client needs assessment
- Conflicts of interest
- Duties and responsibilities
Topic 7: Investment Management15%- Portfolio construction theories
- Investment strategies
- Performance measurement and evaluation
- Risk and return concepts
Topic 8: The Financial Services Sector16%- Structure and participants
- Market functions and products
- Regulatory objectives and frameworks
- Ethical standards and professional conduct

CISI International Certificate in Wealth & Investment Management Sample Questions:

When calculating business taxes on profits, what figure is used in addition to the profits made from a company's trading activities?

  • A. Long term debt
  • B. Chargeable gains
  • C. Declared dividends
  • D. Net current assets
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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The coupon on a bond has been expressed in real terms, rather than as a nominal amount. This is because:

  • A. It is an inflation-linked bond
  • B. It is a bearer bond
  • C. Its redemption date is longer than 10 years
  • D. It is an unsecured instrument
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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You are analysing two similar funds, A and B, which have similar returns. However, you notice Fund B has a much higher standard deviation than Fund A. This implies that:

  • A. Fund A has taken much higher risks
  • B. Fund B has taken much higher risks
  • C. Fund A is much cheaper than Fund B
  • D. Fund B is significantly more profitable than Fund A
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Which of the following investments is most suitable for a customer who desires income rather than capital gain and who is risk-averse?

  • A. Deferred shares
  • B. Low coupon long-dated gilts
  • C. Convertible preference shares
  • D. High coupon short-dated gilts
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Which of the following actions constitutes market abuse?

  • A. A person who trades having read a tip online that is behind a paywall
  • B. An individual within a firm being made aware of inside information
  • C. An insider disclosing inside information to another person without good reason
  • D. A market maker placing multiple trades in the same stock on consecutive days
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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