Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 256–260 (page: 53)

Updated On: 10-Feb-2026

Which of the following is not true for Index Funds ?

  1. These funds invests in the shares that constitute a specific index
  2. The investment in shares is in the same proportion as in the index
  3. These funds take only the overall market risk
  4. These funds are not diversified

Answer(s): D



........................is a gift in the form of a single transfer to the same person of several things of which one is and the others are not burdened by an obligation, the done can take nothing by the gift unless he accepts if fully.

  1. Simple gift
  2. English gift
  3. Onerous gift
  4. Universal gift

Answer(s): C



A return relative is

  1. Total return
  2. Total return +1
  3. 1/ Total return
  4. 1 + 1/ Total return

Answer(s): B



The data gathering is done by which of the following instruments given below?

  1. Questionnaire
  2. Interview
  3. Client records
  4. All of the above

Answer(s): D



Diversification is most effective when the returns on securities are:

  1. Positively correlated.
  2. Zero correlated.
  3. Negatively correlated.
  4. High correlation

Answer(s): C



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