M9A (Set 1)
$19.90
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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M1B M6A BCP PGI HI M8A
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PGI Set A
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4 Feb 2026
PGI Mock Question:Which of the following statements regarding Blanket Coverage is FALSE?
a) The insurer will pay the amount required to repair or replace the article less depreciation
b) The insurer will not pay more than the amount of blanket coverage in the category
c) The insurer will not pay more than the amount of blanket limit per item for loss to any one article
d) The insurer will pay the insured in cash the replacement cost of the article if mutually agreed upon
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M3 (Set 2)
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4 Feb 2026
CMFAS M3 Mock Question:Which of the following is NOT a criteria for Fund Managed Companies (FMCs) to meet?
a) An FMC should ensure that the minimum competency requirements are met.
b) An FMC should satisfy MAS that its shareholders, directors, representatives and employees, as well as the FMC itself, are fit and proper.
c) An FMC carrying out fund management on behalf of any customer other than an accredited or institutional investor does not need to meet the base capital thresholds.
d) An FMC should have in place compliance arrangements that are commensurate with the nature, scale and complexity of its business.
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M1A (Set 1)
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4 Feb 2026
CMFAS M1A Mock Question:A Capital Market Services (CMS) Licence Holder for dealing in securities can trade on a stock market if it entered into a transaction on behalf of a principal whereby the instruction of the principal:
a) was allowed by the CMS Licence Holder.
b) was advised by the CMS Licence Holder.
c) was not solicited by the CMS Licence Holder.
d) was not incited by the CMS Licence Holder.
