Ringgit Cost Averaging (RCA)

Ringgit Cost Averaging (RCA)

Professional Development

10 Qs

quiz-placeholder

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Ringgit Cost Averaging (RCA)

Ringgit Cost Averaging (RCA)

Assessment

Quiz

Business

Professional Development

Hard

Created by

JB JB

Used 2+ times

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10 questions

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1.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

RII allows unit-holders to switch from ……………. units of bond / money market fund into equity / balanced / mixed asset fund on ……………… basis

2.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Unit-holders adopt the ………… ……… ……………….. principle through DDA where unit-holders invest regularly into selected unit trust fund over a period of time.

3.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

The minimum number of units for RII investment is ………….

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The DDA instruction shall take effect on the ………. or ……….. of the following month upon receipt of the duly completed DDA form.

5.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

The RII instruction shall take effect on the ………. of the following month upon receipt of the duly completed RII form.

6.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Where there is insufficient funds available in my account for ……….. consecutive months, the bank shall terminate the DDA instruction.

7.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

The RII will be terminated if it was unsuccessful due to insufficient units in the account for ……….. consecutive months.

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