All else being equal, which factor impacts fixed-income duration?

• A.Tracking error
• B.Maturity term
• C.Dividend yield
• D.Leverage risk

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An investor purchases units of an equity fund for $17.60. In which of the following circumstances would an investor potentially owe taxes on capital gains?

• A.The fund is sold today for $18.80 per unit and the proceeds are reinvested
• B.The fund is currently valued at $18.80 per unit
• C.A dividend distribution is reinvested into additional units of the same fund
• D.The fund is currently valued at $16.45 per unit

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What can a capital loss be applied against when computing Canadian income taxes?

• A.Capital gains only
• B.All types of investment income
• C.All types of income
• D.Dividend income only

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Which stock would be considered the most defensive?

• A.ABC Bank with a beta of 0.5
• B.Unity Corp with a beta of 2.0
• C.KYX Manufacturing with a beta of 1.0
• D.ISS Technology with a beta of 1.5

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The performance of ABC Mutual Fund ranks 54 out of 100 funds in its peer group. What is its quartile ranking?

• A.4th quartile
• B.1st quartile
• C.2nd quartile
• D.3rd quartile

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