GUIDE EXAMINATION Exam Duration: 2 hours + 15 min reading time + 15 additional minutes for download and submission Duration: 2 hours 30 minutes (15 min reading + 15 min uploading). Therefore, the exam window will lock itself at XX:XX (AT THE END OF 2 HOURS 30 MINIUTES) Sydney time You will have 2 Hours 30 Minutes to complete the Exam. Once completed, there is a “submit button” where you will be able to upload your completed exam file. The final assessment is marked out of 90% but worth 45% (45 marks) and covers all Topics covered during the semester. This exam comprises of 5 case-study type questions A formula sheet is be provided at the end of the exam question paper. The structure of the paper is as follows: Short Case Study type Question 1: Discussion question – case study – 2 parts, each 7.5 (15 marks) Question 2: Discussion question – case study – 15 marks Question 3: Discussion question – case study – 2 parts, each 7.5 (15 marks) Question 4: Discussion question – case study with calculations – 4 parts, (10+ 5+10+ 5) = 30 marks Question 5: Calculation question – 2 parts, 5+10 (15 marks) Top of Form The examination is based upon the material in the course, as follows: Topic1 – Investor Investor characteristics and how they react to different market conditions. Topic 2 – Listed Investments Description, characteristics and benefits. Topic 3 – Advice regarding managed investment Advantages, disadvantages, features and recommendation considerations. Topic 4 – Gearing Advantages, disadvantages and recommendation considerations. Topic 5/7 – Portfolio performance analysis and Risk Assessment Methods Topic 5 – Managed fund analysis Topics 4/5/6 – Advice regarding investments, Including client information requirements, ability to achieve wealth goal, adviser protection and documentation. Topic 8 – Estate planning Estate and non-estate assets and how they pass to beneficiaries. *** FOR THE CALCULATION QUESTION YOU ARE ALLOWED TO WRITE ON A PIECE OF PAPER, SCAN THE DOCUMENT AND UPLOAD TOGETHER WITH OTHER ANSWERS. FORMULA SHEET The expected return of a portfolio: E (Rp) = wi x E(RI) 2 ab portfolio = variance of the portfolio ab = Σ wa2 a2 + wb2 b2 + 2wawb ρab σaσb Note the covariance is: = ρab σaσb Submission:You must submit your word document with a cover sheet that includes Student Name ____________________________ Student Number ____________________________2You can only submit once as your final answer.6The submission window will close exactly at the cut-off time. Please submit before the cut-off time to ensure that nothing impedes your ability to upload the assessment, such as internet/wifi issues. This will not be a sufficient excuse to grant extensions – you are responsible for ensuring that you are able to submit the assessment on time. Answer Requirement:1Where mathematical calculations are required you must state the equation used as well as each step in your calculations.2Please use a Word document to write your answer. Please start each question on a new page and clearly label each question and each part of the question. The format is detailed below: Font type: Arial Font size: 12pt Spacing: 1.5 line spacing Page No: Page x.
