M9A (Set 1)
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4 Feb 2026
CMFAS M9A Mock Question:
Investment management fees of an Investment Linked Policy (ILP) sub-fund are calculated based on a percentage of the:
a) distribution cost
b) assets under management (AUM)
c) bid-offer spread
d) premiums collected
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M9A (Set 2)
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4 Feb 2026
CMFAS M9A Mock Question:If the policyholder of a structured Investment Linked Policy (ILP) survives throughout the term of the policy:
a) The sum assured is paid out.
b) The cash value is paid out.
c) The maturity value is paid out.
d) The policy ownership is passed on to the beneficiary.
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M5 (Set 2)
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4 Feb 2026
CMFAS M5 Mock Question:A financial adviser must disclose all of the following except:
a) any lien imposed on a life policy.
b) the bid and offer prices of a collective investment scheme with a single pricing scheme.
c) the risk factors that may result in the benefits payable to be less than that illustrated in the benefit illustration.
d) whether the units of a collective investment scheme will be priced on a historical or forward basis.
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M6 (Set 1)
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4 Feb 2026
CMFAS M6 Mock Question:Which of the following types of equity securities has the lowest risk?
a) Ordinary shares
b) Non-ordinary shares
c) Non-voting shares
d) Preference shares
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M6A (Set 1)
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4 Feb 2026
CMFAS M6A Mock Question:Which of the following types of orders is filled immediately at the best possible price?
a) Limit Order
b) Market Order
c) Stop Order
d) Market-if-Touched Order
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M1B (Set 2)
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4 Feb 2026
CMFAS M1B Mock Question:Which stage of the money laundering process refers to the creation of financial transactions designed to disguise the audit trail of money laundering?
a) Placement stage
b) Layering stage
c) Integration stage
d) Transfer stage
