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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ICWIM Practice Q&A's
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CISI ICWIM Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Fiduciary Relationships | 16% | - Risk profiling and suitability - Conflicts of interest - Client needs assessment - Duties and responsibilities |
| Industry Regulation | 10% | - Client categorization and protection - Financial crime prevention - Regulatory authorities and rules - Compliance and governance |
| Investment Advice | 21% | - Communication and documentation - Portfolio recommendations and review - Advisory process - Taxation principles |
| Asset Classes | 10% | - Real estate and alternative assets - Derivatives - Fixed income securities - Cash and money market instruments - Equities |
| Lifetime Financial Provision | 18% | - Retirement planning - Estate and succession planning - Trusts and foundations - Protection and insurance planning |
| Investment Management | 15% | - Performance measurement and evaluation - Investment strategies - Portfolio construction theories - Risk and return concepts |
| Economics and Investment Analysis | 10% | - Investment mathematics and statistics - Macroeconomics and markets - Economic indicators and cycles - Valuation methods |
| The Financial Services Sector | 16% | - 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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