LICENSING &CERTIFICATION

Investment Funds in Canada (IFC)

Your Exam Basics and our adaptive platform

100 multiple-choice questions, 180 minutes, a pass mark of 60 per cent.

Compleat's adaptive learning platform changes which questions you see, so your study time does more. Your answers show what you know and what you don't, and each next question is the one that can move your score most.

How we rate questions. Easy is recall: a definition, a term, a stated rule. Medium is application: a rule meeting a short situation. Difficult is the exception, the boundary or the multi-step requirement.

Guess mode records whether you guessed at a question. It may be a gap in knowledge that requires further study.

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Every chapter and its download, an adaptive test for each area, full 100-question tests, flashcards, and a plan built around your exam date.

Exam topics

  • Compleat test • 100% of exam• 100 questions based on exam area focus • 180 minutes
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  • Introduction to the Mutual Funds Marketplace • 13% of exam• 115 questions • Easy 43 • Medium 37 • Difficult 35
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  • The Know Your Client Communication Process • 19% of exam• 180 questions • Easy 65 • Medium 65 • Difficult 50
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  • Understanding Investment Products and Portfolios • 18% of exam• 124 questions • Easy 51 • Medium 48 • Difficult 25
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  • The Modern Mutual Fund • 5% of exam• 50 questions • Easy 18 • Medium 18 • Difficult 14
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  • Understanding Alternative Managed Products • 3% of exam• 25 questions • Easy 11 • Medium 9 • Difficult 5
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  • Analysis of Mutual Funds • 10% of exam• 50 questions • Easy 16 • Medium 18 • Difficult 16
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  • Evaluating and Selecting Mutual Funds • 16% of exam• 84 questions • Easy 27 • Medium 33 • Difficult 24
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  • Ethics, Compliance, and Mutual Fund Regulation • 16% of exam• 80 questions • Easy 27 • Medium 34 • Difficult 19
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