CIFC®: Canadian Investment Funds Course

CIFC®: Canadian Investment Funds Course

  • Format:

    Online

     

  • Duration:

    33 hours

  • Registration Fee:

    $378
    +$210 IFSE Registration

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Start Date

Online

Part-Time:April 29, 2025 - July 15, 2025

Schedule: Webinars are held Tuesdays from 6:00 to 9:00 pm PT

Online Flexible Learning Options:

Ashton College offers two online learning options to suit your schedule:

  • Synchronous
    Students access learning through live online classes; or
  • Asynchronous
    Students access learning through recorded online classes.

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Canadian Investment Funds Course Overview

The Canadian Investment Funds Course (CIFC) provides students with in-depth knowledge of mutual funds. This course is delivered in partnership with the IFSE Institute.

Students will be taught about the various types of mutual funds, the forms to evaluate performance and client’s objectives. This course focuses on case studies and the real-life issues relating to mutual funds sales and individual compliance. By the end of the course, students will have a solid foundation of what they need to know to be a dealing representative in mutual funds.

The sequence of instruction mirrors the process normally followed with clients in the real world. Lessons provide multiple and concurrent challenges that require integrating many different skills and putting theoretical knowledge into practice. The result is a complete picture of how to structure various solutions for diverse client needs.

The successful completion of the CIFC exam meets the proficiency requirement by the provincial securities commissions for mutual fund licensing.

Academic Partner: IFSE Institute

Ashton College is an Academic Partner of the Investment of Financial Services Education (IFSE) Institute offering the Canadian Investment Funds Course in an instructor led format. This course follows the requirements laid out by IFSE for students to successfully complete the CIFC Exam and meet the proficiency requirements by the provincial securities commissions for mutual fund licensing.

The Investment of Financial Services Education (IFSE) Institute is a leader in online delivery helping Canadians with their financial knowledge with their best in class education and support. IFSE is a not-for-profit, ensuring affordable and accessible education to anyone curious.

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Topics Covered/Learning Objectives

Regulatory Environment

  • Regulatory Bodies
  • Regulations

Registrant Responsibilities

  • Ethics
  • Compliance
  • Compliance Issues
  • Registration Requirements

Suitability

  • Strategic Investment Planning (SIP)
  • Suitability Requirement
  • Know Your Client (KYC)
  • Know Your Product (KYP)
  • Assessing Suitability

Economic Factors and Financial Markets

  • Economic Factors
  • Financial Markets
  • Canada’s Financial System

Types of Investments

  • Building Blocks of Mutual Funds
  • Fixed Income Securities
  • Bonds
  • Equities
  • Derivatives

Types of Mutual Funds

  • Introduction to Mutual Funds
  • Mutual Fund Categories
  • Conservative Mutual Funds
  • Growth-Oriented Mutual Funds
  • Competitive Products

Portfolio Management

  • The Portfolio Manager
  • Financial Analysis
  • Mutual Fund Performance and Risk

Mutual Funds Administration

  • Mutual Fund Organization
  • Purchasing Mutual Funds
  • Redeeming Mutual Funds
  • Fee Structure
  • Disclosure
  • Account Types

Retirement

  • Government and Employer Plans
  • Registered Retirement Savings Plans (RRSPs)
  • Withdrawing from RRSPs
  • Locked-In Accounts

Taxation

  • Canadian Tax System
  • Taxation of Investment Income
  • Taxation of Mutual Funds

Making Recommendations

  • Evaluating the Client
  • Selecting Mutual Funds
  • Asset Allocation
  • Tax-Efficient Strategies

Admission Requirements

None

Fees

The registration fee for this course is $378. Students must also register with the IFSE – as an Ashton College student, the academic partner rate is an additional $210.

Technical Requirements

Computer System: Fully functional computer with webcam, speakers, and microphone (headset recommended).

Internet Connection: Reliable high-speed internet connection.

Device: While accessible on smartphones and tablets, we recommend using a laptop or desktop computer for a better learning experience.

This program/course does not require approval by the Private Training Institutions Regulatory Unit (PTIRU) of the British Columbia Ministry of Post-Secondary Education and Future Skills. As such, PTIRU did not review the program/course.

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