UNIT TRUST QUIZ

Which one of the statement below are not correct about unit trust?

• Unit trust is a pool of money that are professionally managed by fund managers.

• Investors receive a number of units to represent their investment in pool.

• Unit trust is safeguard by trustee and invested in accordance to fund manager interest and objective

• Fund manager will determine NAV of the fund on every business day end.

Which one is the wrong source to invest in unit trust

• Invest cash by lump sum amount

• Invest cash by regular saving plan

• Invest EPF through Account 2

• Invest cash using dividen from ASB

What is the minimum amount to invest in equity via cash?

• RM500 for account opening and RM200 for subsequent month

• RM1,000 for account opening and RM200 for subsequent month

• RM200 for account opening and RM100 for subsequent month

• RM500 for account opening and RM100 for subsequent month

How to calculate EPF Account 1 eligibility to invest in unit trust?

• Calculate clients' age and determine his/her basic savings regulated by EPF. Client can invest 30% from the balance after basic savings.

• Calculate clients' birth date and his annual salary, minus with 30% from KWSP basic saving.

• Calculate clients' age and determine his/her basic savings regulated by EPF. Client can invest 30% from client's salary contribution to EPF

Which one of below are not the benefit when investing in unit trust?

• Invest in Diversified portfolio

• Benefit from expert management of fund specialist

• Liquidity

• Higher service charge

Ishfaq was born on 15 July 1988, his current EPF statement at the moment shows that he has contributed a total of RM250,000 in Account 1 and 45,000 in Account 2. How much does ishfaq eligible to invest?

• 13,500

• 64,500

• 63,300

• 75,000

Which one below is the right ranking from lowest to highest risk of unit trust fund?

• Bond/Fixed income > Money Market Fund > Balanced Fund > Equity

• Money Market Fund > Balanced Fund > Bond/Fixed income > Equity

• Money Market Fund > Bond/Fixed income > Balanced Fund > Equity

• Balanced Fund > Equity > Bond/Fixed income > Money Market Fund

Which one of the fund below are not local equity fund?

• CIMB ISLAMIC DALI EQUITY GROWTH FUND

• CIMB ISLAMIC EQUITY AGGRESSIVE FUND

• CIMB ISLAMIC ASIA PACIFIC EQUITY FUND

• CIMB ISLAMIC AL-AZZAM EQUITY FUND

As a consultant, what are the thing that you should emphasize to client or prospects?

• Emphasize on 10-15% guaranteed return every year when investing in unit trust, clients are compulsory to invest every month.

• Emphasize on history of unit trust, who is the fund manager.

• Emphasize on the concept of Dollar Cost Averaging, Asset Allocation & Portfolio Rebalancing

• Emphasize on past performance and guaranteed return.

Unit trust investment is a medium that can help to lessen challenges during our retirement years. which one of this statement is not correct?

• Longer life span of between 73years to 77years does require more retirement fund preparation

• Inflation rate will indicate more investment for retirement should be done while you are still young

• Inadequacy of savings might happen retiree due to lifestyles and no investment awareness

• Unit trust can generate return that is enough to prepare if a retiree get sick/hospitalized.