Study guide
CSC study guide
Contents
Introduction & Exam Overview
Chapter 1: The Canadian Investment Marketplace
- 1.1 The Canadian Securities Industry & the Investment Dealer's Role
- 1.2 Financial Intermediaries: Banks, Trusts, Credit Unions, Insurers & Pension Funds
- 1.3 Financial Market Trends
- 1.4 Investment Capital, Financial Instruments & Financial Markets
- 1.5 Canadian Exchanges, ATSs, Dark Pools & the Order Protection Rule
- 1.6 Canadian Securities Regulators, the CSA & CIRO
- 1.7 Investor Protection: OSFI, CIPF and CDIC
- 1.8 Ethics, Standards of Conduct & the Client Focused Reforms
- 1.9 Conflicts of Interest, Complaint Handling & Remediation
Chapter 2: The Economy
- 2.1 Economics Foundations & Measuring Economic Growth
- 2.2 The Business Cycle & Economic Indicators
- 2.3 Inflation & Interest Rates
- 2.4 The Labour Market & Unemployment
- 2.5 The Bank of Canada & the Inflation-Control Target
- 2.6 Implementing Monetary Policy: The Operating Band, Market Operations & Transmission
- 2.7 Fiscal Policy, Deficits & the Challenges of Government Policy
- 2.8 International Finance & Trade: The Balance of Payments and the Canadian Dollar
Chapter 3: Features and Types of Fixed-Income Securities
- 3.1 The Fixed-Income Marketplace, Bond Terminology & Security
- 3.2 Protective Covenants, Retirement Provisions & Extendible/Retractable Features
- 3.3 Government of Canada Securities: T-Bills, Marketable Bonds & RRBs
- 3.4 Provincial & Municipal Debt and Strip Bonds
- 3.5 Corporate Bonds, Credit Spreads & Bond Ratings
- 3.6 Money Market Instruments, Floating-Rate Notes & International Bonds
- 3.7 Other Fixed-Income Securities & Reading Bond Quotes
Chapter 4: Pricing and Trading of Fixed-Income Securities
Chapter 5: Common and Preferred Shares
- 5.1 Common Shares: Ownership Rights, Voting & Restricted Shares
- 5.2 Dividends, DRIPs, Stock Splits & Consolidations
- 5.3 Preferred Shares: Features, Cumulative Dividends & Taxation
- 5.4 Preferred Share Variations: Convertible, Callable, Retractable, Floating & Rate-Reset
- 5.5 Fundamental Equity Metrics & Ratios
- 5.6 Stock Indexes & Averages
Chapter 6: Equity Transactions
Chapter 7: Derivatives
Chapter 8: Corporations and their Financial Statements
Chapter 9: Financing and Listing Securities
Chapter 10: Investment Analysis
- 10.1 Methods of Equity Analysis & Macroeconomic Analysis
- 10.2 Fundamental Industry Analysis
- 10.3 Company Analysis: Competitive Advantages, Governance & the Dividend Discount Model
- 10.4 Discounted Cash Flow & Relative Valuation Multiples
- 10.5 Financial Statement Ratio Analysis
- 10.6 Assessing Preferred Share Investment Quality
- 10.7 Technical Analysis: Charts, Trends & Patterns
- 10.8 Technical Indicators, Volume, Breadth & Sentiment
Chapter 11: Portfolio Analysis
- 11.1 Measuring Investment Return
- 11.2 Measuring Risk: Types of Risk, Standard Deviation & Downside Measures
- 11.3 Portfolio Risk & Return: Correlation and Diversification
- 11.4 Beta, the Capital Asset Pricing Model & the Security Market Line
- 11.5 Portfolio Manager Styles: Equity & Fixed Income
- 11.6 The Portfolio Management Process: Objectives, Constraints & the IPS
- 11.7 Asset Mix, Monitoring, Performance Evaluation & Rebalancing
Chapter 12: Alternative Investments, Other Managed, and Structured Products
- 12.1 Alternative Investments: Structures, Fees & Liquid Alternatives
- 12.2 Alternative Strategies, Performance Measurement & Due Diligence
- 12.3 Segregated Funds, Labour-Sponsored Funds & Listed Private Equity
- 12.4 Income Trusts, REITs & Closed-End Funds
- 12.5 Structured Products: PPNs & Market-Linked GICs
- 12.6 Split Shares & Asset-Backed Securities
Chapter 13: Mutual Funds
- 13.1 Managed Products & Mutual Fund Structure
- 13.2 Pricing Mutual Fund Units: NAVPS & Forward Pricing
- 13.3 Mutual Fund Fees, Sales Charges & Unit Series
- 13.4 Mutual Fund Regulation, Fund Facts & Account Opening
- 13.5 Types of Mutual Funds & Fund Management Styles
- 13.6 Redemptions, Withdrawal Plans & Measuring Fund Performance