The CMFAS M8 examination comprises of 50 questions, time given is 1 hour and the passing mark is 70%.

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3 Apr 2025
CMFAS M8 Exam Question:
Which of the following statements regarding Exchange Traded Funds (ETFs) is NOT true?
a) They are open-ended investment funds.
b) They may use derivatives to track an index or asset.
c) They may issue dividends.
d) They do not have management fees.
The CMFAS M8 examination comprises of 50 questions, time given is 1 hour and the passing mark is 70%.

3 Apr 2025
CMFAS M8 Exam Question:
Which of the following statements regarding equity investments is NOT true?
a) Equity investors are entitled to all claims on the assets of the corporation before other creditors are repaid.
b) Equity need not be repaid because it represents the capital that owners invest in a corporation.
c) The maximum amount that an equity holder can lose in the event of a corporate failure is its paid-up capital.
d) Equity investors are entitled to voting rights in the company.