Georgia is investing £120,000 in a retail non-index-tracker UCITS fund but she is keen on diversification. You can reassure her that the MAXIMUM monetary holding she will have in the shares of one company is:

Hope Bank are the trustees of a unit trust. Their responsibilities include all of these, APART from

Michael’s unit trust is invested in a UK Equity Income fund. Joseph’s open ended investment company is invested in a UK Corporate Bond Fund. In respect of the income distributions they receive from their investments it is TRUE to say that

Louis has invested in an offshore reporting fund. It is TRUE to say that

Freddie, a higher rate tax payer, firmly believes he will be a basic rate tax payer when he needs to realise any investments. If he is looking to invest offshore, which of these options is MOST likely to be appropriate for him?

Four clients hold different investment products. Which one of them would most likely benefit from pound cost averaging?

Francesca has an investment which allows her to select a quarterly guaranteed level of protection. This is LIKELY to be a

Sally is a higher rate taxpayer earning £66,000 and her husband Chris is a basic rate taxpayer earning £19,000. They both have cashed in offshore bonds and made gains of £10,000 each. How much is their combined Income Tax liability?

Mohammad is interested in using Exchange Traded Funds to enhance the diversification of his portfolio. He should be aware that

Emily, a basic rate taxpayer, is selling a buy-to-let property for a substantial profit. What is the situation with regard to her reinvesting the gain immediately into an Enterprise Investment Scheme?

Samuel died 20 months after investing into an Enterprise Investment Scheme (EIS). Which explanation best describes the tax treatment of his EIS shares on his death?

Jack and his wife Sophie both invested £10,000 in ISAs in July 2017, and then Jack died two months later. How much more will Sophie be permitted to add to her ISA in the tax year 2017/18?

A cereal manufacturer is about to place an order for wheat which will be delivered and priced in twelve months time. What action could they take to agree the price at the time of placing the order?

A hedge fund which relies on arbitrage to produce returns is known as which type of fund?

Counterparty risk is mostly associated with