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Exam CIFC All Questions
Exam CIFC All Questions

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IFSE Institute Investments & Banking CIFC Question # 37 Topic 4 Discussion

CIFC Exam Topic 4 Question 37 Discussion:
Question #: 37
Topic #: 4

Which statement regarding the Fund Facts document is CORRECT?


A.

Before accepting an order from a client, a Dealing Representative is expected to provide and explain the Fund Facts document.


B.

The Fund Facts document must be delivered to the client, electronically or in writing, within 5 days of the transaction date.


C.

For leveraged accounts, the Fund Facts document is not required if the client has been provided with the Leverage Risk Disclosure document.


D.

The Fund Facts document must not contain performance data.


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