NO.26 When investors wish to sell units in mutual funds, there is a risk of the fund being gated. Why might this happen?

NO.27 Critical illness cover will pay a lump sum in the event that a person suffers:

NO.28 Why might a custom benchmark be required when measuring portfolio performance?

NO.29 A market that employs an electronic order book to match buyers with sellers in strict order by price is known as:

NO.30 Which of these banks are likely to have relatively few legacy issues?

NO.31 Which of the following would cause a coffee producer’s supply curve to shift to the right?

NO.32 Which index tracking method requires a swap agreement?

NO.33 Measures of Central Tendency include a method whereby a set of numbers are multiplied and then the nth root of the resulting product is taken. This is known as the:

NO.34 Back-end loading is often associated with:

NO.35 It is impossible to diversify against:

NO.36 Your client estimates that they will require £50,000 of income annually to live off when they retire. Personal plus state pension will provide £40,000. They wish to retire in 25 years’ time. It is estimated that they can earn 5% per annum, and inflation has been forecast at 2%. Interest rates are currently 1.5%. Allowing for inflation, what lump sum would they need to accrue to supplement their pension?

NO.37 Which commodity is categorized based on how sweet or sour it is?

NO.38 When deciding on an appropriate benchmark, why would an index be chosen?

NO.39 When a hedge fund puts together an equity arbitrage position, it will seek to balance respective:

NO.40 The Financial Action Task Force (FATF) was created to:

NO.41 What term is used to describe a situation where clients give investment instructions to a firm without being given advice to do so?