South Cluster

Appreciation of the price of a stock may be due to any of the following EXCEPT:

• Good Business Performance

• Good sentiment of the market

• Lower-than-expected GDP

• Higher-than-expected GDP

There are 2 kinds of valuation used for ALFM Peso Bond Fund

• Accrual, Direct-to-market

• Accrual, Marked-to-Market

• Marked-to-market, per share basis

• Market-to-accrual, Farm-to-market

A requirement to be signed by the client if the investor risk profile does not match (or a fund to be invested in has a higher risk classification)

• Client Agreement Form

• Client Order Form

• Client Suitability Assessment

• Client Waiver

In 2015, Mr. Cruz invested in a 7yr bond with 5% coupon in the primary market. In 2019, the prevailing interest rate in the market is 7% and Mr. Cruz decided that he will sell his bond in the secondary market. Without taking into consideration the coupon payments he received, Mr. Cruz will be:

• Selling his bond at a premium and realize earnings

• Selling his bond at a discount and realize earnings

• Selling his bond at a discount and realize losses

• Selling his bond at a premium and realize losses

What is the healthy range of inflation set by BSP?

• 1.0 - 4.0%

• 1.5 - 3.0%

• 2.5 - 5.0%

• 2.0 - 4.0%