CIFC®: Canadian Investment Funds Course (Live Online)

  • Formats:

    (Live Online)

  • Duration:

    33 hours

  • Registration Fee:

    $378

Start Date

Live Online live-logo

Part Time: February 02, 2022 – April 13, 2022

Register Today

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 licencing.

Topics Covered/Learning Objectives

Unit 1: Regulatory Environment

  • Lesson 1: Regulatory Bodies
  • Lesson 2: Regulations

Unit 2: Registrant Responsibilities

  • Lesson 1: Ethics
  • Lesson 2: Compliance
  • Lesson 3: Compliance Issues
  • Lesson 4: Registration Requirements

Unit 3: Suitability

  • Lesson 1: Strategic Investment Planning (SIP)
  • Lesson 2: Suitability Requirement
  • Lesson 3: Know Your Client (KYC)
  • Lesson 4: Know Your Product (KYP)
  • Lesson 5: Assessing Suitability

Unit 4: Economic Factors and Financial Markets

  • Lesson 1: Economic Factors
  • Lesson 2: Financial Markets
  • Lesson 3: Canada’s Financial System

Unit 5: Types of Investments

  • Lesson 1: Building Blocks of Mutual Funds
  • Lesson 2: Fixed Income Securities
  • Lesson 3: Bonds
  • Lesson 4: Equities
  • Lesson 5: Derivatives

Unit 6: Types of Mutual Funds

  • Lesson 1: Introduction to Mutual Funds
  • Lesson 2: Mutual Fund Categories
  • Lesson 3: Conservative Mutual Funds
  • Lesson 4: Growth-Oriented Mutual Funds
  • Lesson 5: Competitive Products

Unit 7: Portfolio Management

  • Lesson 1: The Portfolio Manager
  • Lesson 2: Financial Analysis
  • Lesson 3: Mutual Fund Performance and Risk

Unit 8: Mutual Funds Administration

  • Lesson 1: Mutual Fund Organization
  • Lesson 2: Purchasing Mutual Funds
  • Lesson 3: Redeeming Mutual Funds
  • Lesson 4: Fee Structure
  • Lesson 5: Disclosure
  • Lesson 6: Account Types

Unit 9: Retirement

  • Lesson 1: Government and Employer Plans
  • Lesson 2: Registered Retirement Savings Plans (RRSPs)
  • Lesson 3: Withdrawing from RRSPs
  • Lesson 4: Locked-In Accounts

Unit 10: Taxation

  • Lesson 1: Canadian Tax System
  • Lesson 2: Taxation of Investment Income
  • Lesson 3: Taxation of Mutual Funds

Unit 11: Making Recommendations

  • Lesson 1: Evaluating the Client
  • Lesson 2: Selecting Mutual Funds
  • Lesson 3: Asset Allocation
  • Lesson 4: Tax-Efficient Strategies

Instructors*

Byron Boone

Byron Boone has nearly three decades of financial sales and management experience. A believer in continuous learning, Byron holds a Bachelor of Arts (Economics) from the University of British Columbia, an Executive Master of Business Administration from Simon Fraser University, and a Certificate in Financial Management from British Columbia Institute of Technology. Byron also has more than a dozen finance-specific licences and designations, including the Life Licence Qualification Program (LLQP) and Certified Financial Planner (CFP).

 

Sam Sharma

Sam Sharma began his career in the sciences, earning himself a Bachelor of Science and a Masters in Materials Chemistry from the University of Jamia in New Delhi, India. He then made the leap to the world of finance a few years later when he graduated with a Master of Business Administration (Finance) from the University of New England in Australia in 1996. Launching his career in the financial services industry, Sam has worked mostly for banks, earning himself awards and recognition for his achievements.

 

 

 

Jason Wong

Jason Wong has extensive knowledge in the wealth management industry, and has been practising financial planning since 2001. Jason started his career through the financial advisory channel in one of the major banks. He then moved on to the independent channel to assist his individual and business clients in achieving their financial goals through comprehensive financial planning. Jason is also a consultant supporting financial advisers in providing wealth management solutions to their clients. Jason holds several industry accreditations: Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), Financial Management Advisor (FMA) and Derivative Market Specialist (DMS). He holds a Master of Business Administration from the University of Manchester, which is consistently ranked as one of the top global business schools under the Financial Times Global MBA rankings.

 

*Subject to change without notice

Dates

Live Online

Part Time:

  • February 02, 2022 – April 13, 2022
    • Students must devote at least 3 hours per week to attend live webinars
    • Webinars will be held Wednesdays from 4:00 pm to 7:00 pm PST
    • Outside of live instructional periods, students will be expected to take part in various independent and/or group activities

Required Materials

Students are required to register and make payment to IFSE to obtain access to all required materials and textbooks; registration details will be emailed to students by Student Services

Fees

The registration fee for this course is $378.

Technical Requirements

Live Online Students

Ashton College uses web conferencing tools for conducting online classes and online learning management systems for managing resources, assignments, and grades. These tools help instructors and students connect live online as well as asynchronously. The basic requirements for online learning include a computer, webcam, speakers, and a microphone or a headset and headphones, along with a reliable internet connection. Though online learning can be pursued using smartphones and tablets, the use of laptops or desktop computers is encouraged for an enhanced learning experience.

 

This course does not require approval by the Private Training Institutions Branch of the Ministry of Advanced Education and Skills Training. As such, it was not reviewed.

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