GLO_CWM_LVL_1 Chartered Wealth Manager (CWM) Global Examination

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Showing 1–3 of 20 questions

Question 1 (Exam Pool A)

AUM stands for

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  • Asset Utilization Model

  • Asset Under Management

  • Area Under Management

  • None of the above


Question 2 (Exam Pool E)

Michael estimates opportunity cost of investment to be 10.5% compounded annually.

Which of the following is the best proposal?

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  • Receive Rs. 5,500/- at beginning of each year for 15 years

  • Receive Rs. 5,500/- at the end of each year for 19 years

  • Receive Rs. 45,000/- today

  • Receive Rs. 1,20,000/- at the end of 10 years


Question 3 (Exam Pool C)

Commutation of pension up to a limit of _______________ is tax exempt in case the gratuity is also received

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  • ¼ of the pension

  • 1/3 of the pension

  • ½ of the pension

  • ¾ of the pension