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UNIT TRUST QUIZ

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

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

a)

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

b)

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

c)

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

d)

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

2.

Which one is the wrong source to invest in unit trust

a)

Invest cash by lump sum amount

b)

Invest cash by regular saving plan

c)

Invest EPF through Account 2

d)

Invest cash using dividen from ASB

3.

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

a)

RM500 for account opening and RM200 for subsequent month

b)

RM1,000 for account opening and RM200 for subsequent month

c)

RM200 for account opening and RM100 for subsequent month

d)

RM500 for account opening and RM100 for subsequent month

4.

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

a)

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

b)

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

c)

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

5.

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

a)

Invest in Diversified portfolio

b)

Benefit from expert management of fund specialist

c)

Liquidity

d)

Higher service charge

6.

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?

a)

13,500

b)

64,500

c)

63,300

d)

75,000

7.

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

a)

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

b)

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

c)

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

d)

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

8.

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

a)

CIMB ISLAMIC DALI EQUITY GROWTH FUND

b)

CIMB ISLAMIC EQUITY AGGRESSIVE FUND

c)

CIMB ISLAMIC ASIA PACIFIC EQUITY FUND

d)

CIMB ISLAMIC AL-AZZAM EQUITY FUND

9.

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

a)

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

b)

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

c)

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

d)

Emphasize on past performance and guaranteed return.

10.

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

a)

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

b)

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

c)

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

d)

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

11.

Afiq was born on 12 June 1990, his current EPF statement at the moment shows that he has contributed a total of RM32,000 in Account 1 and 12,000 in Account 2. How much does Afiq eligible to invest?

a)

He is not eligible to invest

b)

300

c)

9,600

d)

3,600

12.

What is the right service charge for Equity?

a)

EPF 3% and Cash 5-6.5%

b)

EPF 2% and Cash 6.5%

c)

EPF 2.5% and Cash 4%

d)

EPF 3.5% and Cash 5.5%

13.

As a unit trust consultant, what are the asset allocation that would propose to a conservative client?

a)

75% Equity, 20% Bond, 5% Cash

b)

50% Equity, 45% Bond, 5% Cash

c)

20% Equity, 75% Bond, 5% Cash

14.

What is Presiden Cibo's way of doing Asset Allocation for his clients more than 55 years old?

a)

Equity 55%, Mixed Asset 45%

b)

Mixed Asset 55%, Equity 45%

c)

Equity 55%, Money Market 45%

d)

Money Market 45%, Equity 55%

15.

As a unit trust consultant, what are the asset allocation that would propose to an aggressive client?

a)

75% Equity, 20% Bond, 5% Cash

b)

50% Equity, 45% Bond, 5% Cash

c)

20% Equity, 75% Bond, 5% Cash