Course Brief
Topics to be covered:
- Providing Information
- Cash Deposits
- Money Market Instruments
- Property
- Foreign Exchange Market
Providing information
On completion, the candidate should:
- know relevant sources of information for investment products, costs and charges:
- key investor information documents
- prospectuses
- financial statements
- financial data
Cash Deposits
On completion, the candidate should:
- know the characteristics of fixed-term and instant-access deposit accounts
- understand the distinction between gross and net interest payments
- be able to calculate the net interest due given the gross interest rate, the deposited sum, the period and the tax rate
- know the advantages and disadvantages of investing in cash
Money Market Instruments
On completion, the candidate should:
- know the difference between a capital market instrument and a money market instrument
- know the definition and features of the following:
- treasury bill
- commercial paper
- certificate of deposit
- know the advantages and disadvantages of investing in money market instruments
Property
On completion, the candidate should:
- know the characteristics of property investment:
- commercial/residential property
- direct/indirect investment
- know the potential advantages and disadvantages of investing in property
Foreign Exchange Market
On completion, the candidate should:
- know the basic structure of the foreign exchange market including:
- currency quotes
- settlement
- spot/forward
- short-term currency swaps