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AAFM CWM_LEVEL_2 Exam

Certification Provider: AAFM
Exam Name: Chartered Wealth Manager (CWM) Certification Level II Examination
Number of questions in our database: 1259
Exam Version: Sep. 15, 2023
CWM_LEVEL_2 Exam Official Topics:
  • Topic 1: Maximize the impact of your client communications and reporting/ Monitor and control corporate exposure to financial and operational risks
  • Topic 2: Use and develop spread-sheet based Financial Modelling solutions to financial problems/ Explore the latest advances in wealth management strategy and law
  • Topic 3: Make investment policy recommendations, including the determination of an optimal asset allocation/ Expand your wealth management skills by adopting international best practices
  • Topic 4: Analyse and evaluate the performance of an investment manager/ Forecast the impact of government economic policies on a business
  • Topic 5: Characterize the implications of the market efficiency evidence on active portfolio management/ Integrate optimum products and services in your wealth management development strategies
  • Topic 6: Interpret the effect of Global & Local Economic Environment on Financial Markets and Investments
  • Topic 7: Diagnosis and planning in working with Super High Net Worth Clients/ Appreciate the complexities of investing in global markets and develop strategies

Free AAFM CWM_LEVEL_2 Exam Actual Questions

The questions for CWM_LEVEL_2 were last updated On Sep. 15, 2023

Question #1

Section C (4 Mark)

Read the senario and answer to the question.

Mr. Mehta buys machinery for Rs. 80000 which is to be replaced after a period of two years. The replacement cost at that time will be Rs. 90000. As a Chartered Wealth Manager advice Mr. Mehta now what he should do after two year for the replacement of the said machinery?

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Correct Answer: A

Question #2

Section C (4 Mark)

Read the senario and answer to the question.

Portfolio A had a return of 12% in the previous year, while the market had an average return of 10%. The standard deviation of the portfolio was calculated to be 20%, while the standard deviation of the market was 15% over the same time period. If the correlation between the portfolio and the market is 0.8, what is the Beta of the portfolio A?

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Correct Answer: B

Question #3

Section C (4 Mark)

Read the senario and answer to the question.

Keshav purchased a Health Insurance. The policy has a calendar-year deductible of Rs. 500 and 80:20 as coinsurance. Keshav was hospitalized with a covered illness on January 23rd 2009. This hospitalization was his first claim under the said policy for the calendar year. His covered medical expenses were Rs. 20,500. How much of this amount will the insurer pay and how much will Keshav be required to pay to the Hospital?

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Correct Answer: D

Question #4

Section C (4 Mark)

Read the senario and answer to the question.

Portfolio A had a return of 12% in the previous year, while the market had an average return of 10%. The standard deviation of the portfolio was calculated to be 20%, while the standard deviation of the market was 15% over the same time period. If the correlation between the portfolio and the market is 0.8, what is the Beta of the portfolio A?

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Correct Answer: B

Question #5

Section C (4 Mark)

Read the senario and answer to the question.

Keshav purchased a Health Insurance. The policy has a calendar-year deductible of Rs. 500 and 80:20 as coinsurance. Keshav was hospitalized with a covered illness on January 23rd 2009. This hospitalization was his first claim under the said policy for the calendar year. His covered medical expenses were Rs. 20,500. How much of this amount will the insurer pay and how much will Keshav be required to pay to the Hospital?

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Correct Answer: D


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