Russell is a Dealing Representative with Wealth Quest Strategies Ltd., a mutual fund dealer and member of the Mutual Fund Dealers Association of Canada (MFDA). Russell is developing his website to include sales content on a Target Date Fund. Which of the following is Russell permitted to include on his website about the Target Date Fund?
i. the asset mix through the life of the fund until the future date
ii. the expected decline in the fund's risk level as the fund reaches its target date iii. the guaranteed return that the client will receive on the future date iv. a graphic illustration of the fund's promised growth on target date

• A.i and ii
• B.i and iii
• C.ii and iv
• D.iii and iv

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AWB Inc. requires new capital to finance a business opportunity. They expect to generate substantial growth from this project and repay the capital within five years. Which financial instrument should the company issue to finance this opportunity?

• A.Debentures
• B.Derivatives
• C.Common shares
• D.Investment fund

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The owners of Underground Airways Ltd. want to take their privately owned corporation public through an initial public offering (IPO). They are speaking to a specialist from an investment dealer to determine whether it would be advisable to become listed on a stock exchange or the over-the-counter (OTC) market.
In comparing the two options, which of the following considerations is TRUE?

• A.A stock exchange listing would provide Underground with greater market exposure and public confidence than listing on the OTC market.
• B.Underground would still be directly involved in the trading of their shares on either market.
• C.Underground would be subject to less stringent listing requirements if they chose the stock exchange as compared to the OTC market.
• D.If Underground chose to list on the OTC market, there would be no secondary market available for investors.

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Which of the following statements about pension adjustments (PA) is TRUE?

• A.They represent how much your pension is reduced due to market conditions.
• B.They increase your registered retirement savings plan (RRSP) room by the amount of the pension adjustment.
• C.They represent how much your pension will increase due to years of service.
• D.You will receive a PA whether you are in a defined contribution or a defined benefit pension plan.

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A client has $950,000 in his RRSP account and $550,000 in his non-registered account held in nominee name with Tradewell Mutual Funds.
In the event of his dealer, Tradewell Mutual Funds declaring insolvency, what is the total amount the client be eligible to receive from the Mutual Fund Dealers Association of Canada Investor Protection Corporation (IPC)?

• A.The client will not be eligible for any coverage.
• B.The client will be eligible for coverage of $950,000.
• C.The client will be eligible for coverage of $1,500.000.
• D.The client will be eligible for coverage of $550,000.

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