International Certificate in Wealth & Investment Management: ICWIM Exam

"International Certificate in Wealth & Investment Management", also known as ICWIM exam, is a CISI Certification. With the complete collection of questions and answers, PrepPDF has assembled to take you through 256 Q&As to your ICWIM Exam preparation. In the ICWIM exam resources, you will cover every field and category in CISI level 3 Certificate Certification helping to ready you for your successful CISI Certification.

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  • Exam Code: ICWIM
  • Exam Name: International Certificate in Wealth & Investment Management
  • Certification Provider: CISI
  • Corresponding Certification: CISI level 3 Certificate
  • Updated: Aug 04, 2026
  • No. of Questions: 256 Questions & Answers with Testing Engine
  • Download Limit: Unlimited

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CISI ICWIM Exam Syllabus Topics:

SectionWeightObjectives
Fiduciary Relationships16%- Risk profiling and suitability
- Conflicts of interest
- Client needs assessment
- Duties and responsibilities
Industry Regulation10%- Client categorization and protection
- Financial crime prevention
- Regulatory authorities and rules
- Compliance and governance
Investment Advice21%- Communication and documentation
- Portfolio recommendations and review
- Advisory process
- Taxation principles
Asset Classes10%- Real estate and alternative assets
- Derivatives
- Fixed income securities
- Cash and money market instruments
- Equities
Lifetime Financial Provision18%- Retirement planning
- Estate and succession planning
- Trusts and foundations
- Protection and insurance planning
Investment Management15%- Performance measurement and evaluation
- Investment strategies
- Portfolio construction theories
- Risk and return concepts
Economics and Investment Analysis10%- Investment mathematics and statistics
- Macroeconomics and markets
- Economic indicators and cycles
- Valuation methods
The Financial Services Sector16%- Structure and participants
- Regulatory objectives and frameworks
- Market functions and products
- Ethical standards and professional conduct

CISI International Certificate in Wealth & Investment Management Sample Questions:

1. A firm has an existing client who is the head of a foreign state. What type of due diligence should the firm undertake if the client's spouse applies to become a client?

A) Enhanced
B) Additional
C) Simplified
D) Standard


2. An investor deposits £1,000 into an account that pays interest at the rate of 3% per year. If the interest is credited to the account at the end of the year and the investor leaves the money in the account for 5 years, how much money will be in the account at the end of the fifth year?

A) £1,159.27
B) £1,276.28
C) £1,157.63
D) £1,150.00


3. If two sets of data have a correlation coefficient of 1.0, they possess:

A) Perfect positive correlation
B) Weak correlation
C) Perfect negative correlation
D) No correlation


4. What is the purpose of measuring a company's dividend yield?

A) It provides a clear indication of how much profit is being used by the company for expansion and growth
B) It provides an indication of future dividend growth for a successful company
C) It is useful for investors not wanting to exceed the annual dividend tax allowance
D) It provides an indication of the expected return on a share and then can then be compared to other shares


5. In the FX market standard spot settlement is:

A) T+3
B) T+10
C) T+5
D) T+2


Solutions:

Question # 1
Answer: A
Question # 2
Answer: C
Question # 3
Answer: A
Question # 4
Answer: D
Question # 5
Answer: D

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