What is the advantage of callable securities over straight, non-callable securities?

The main advantage of listed structured products over other structured products is

Besides Liquidity Risk, Counterparty Risk and Structural Risk, investors are also exposed to Foreign Exchange Risk. You are to select the CORRECT statement:-

I     The appreciation of base currency against the alternate currency

II    The investment return of the underlying assets are dependent on the foreign exchange rate applied to performance measurement

III   Certain events that adversely affecting the economic performance of the foreign country

IV    Investors may suffer a loss of principal when he converts the foreign denominated maturity payment back into local currency

Which of the following helps to look after customer interests when they purchase Structured ILPs?

Kenny thinks the market will fall in the near future. He will apply the following trading strategy

I     Protective Puts

II    Long Puts

III   Naked Short Puts

IV    Naked Short Calls

Can you afford to FAIL and RETAKE the CMFAS M9A Exam?