What Is The AIF Exam Like?

What is an investment fiduciary?

An investment fiduciary is anyone with legal responsibility for managing somebody else’s money, such as a member of the investment committee of a charity..

What is a Fi360 report?

The Fi360 Fiduciary Score® (Score) is an investment rating system born out of Practice 3.3 in the Prudent Practices for Investment Fiduciaries handbook series. It helps quickly identify a short list of investments that merit continued research in the selection process.

Can an AIF be listed?

No. i An AIF may be open-ended or close-ended. i It may or may not be listed. i It does not matter whether it is set up under contract, trust or statute or if it takes another type of legal form.

What AIF means?

AIFAcronymDefinitionAIFAudio Interchange Format (file extension)AIFArgument Interchange Format (abstract model)AIFAttorney in FactAIFAirport Improvement Fee (Canada)67 more rows

How do you become a certified fund specialist?

To become a certified fund specialist, students must pass three proctored online exams and complete a case study. Before taking the final exam, candidates need to have either a bachelor’s degree or 2,000 hours of related work experience in the financial services industry.

How does an AIF work?

Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated investors, whether Indian or foreign, for investing it in accordance with a defined investment policy for the benefit of its investors.

What is AIF in real estate?

Step 3: Name your attorney-in-fact (AIF) The AIF is the person who you will authorize to represent you for the duration of the real estate transaction. Responsibilities would be to reserve the unit, pay for it (with your funds) and read the contract.

What does AIF mean in finance?

Accredited Investment Fiduciary (AIF)Designation EssentialsStatusCurrently offered and recognized by the issuing organization.Issuing OrganizationCenter for Fiduciary StudiesQualification and Educational Requirements9 more rows

How long does it take to get AIF?

The Center for Fiduciary Studies offers classroom and web-based training programs for those aspiring to obtain the AIF designation. A one-day course combines both classroom and web-based instruction, and the web-based program can be completed over 90 days.

How do I pass AIF?

In order to attain the AIF® designation, an individual must complete the AIF training requirements (an online training component that generally takes about 8 to 10 hours to complete); pass the AIF® exam; meet the AIF experience requirements; attest adherence to the AIF Code of Ethics; attest adherence to the AIF …

What does Fi360 do?

Fi360 helps financial intermediaries use prudent fiduciary practices to profitably gather, grow and protect investors’ assets.

What is AIF medical term?

Abbreviation for: adherence-inhibiting factor. anaemia-inducing factor. anterior inter-body fusion.

How do I get ChFC designation?

To receive a Huebner School designation (including ChFC®, CLF®, CLU®, RICP®, and WMCP®), you must successfully complete all courses in your selected program, meet experience requirements and ethics standards, and agree to comply with The American College Code of Ethics and Procedures.

Who can invest in AIF?

Eligibility Criteria. Investors can be Indian, NRI or foreign nationals. Minimum corpus should be Rs20cr for each scheme and Rs10cr for Angel Funds. Minimum investment by each investor should be Rs1cr or Rs25 lakh (in case of employees/director/fund manager of AIF).

How many questions is the AIF exam?

The AIF® Examination consists of eighty (80) multiple choice questions, seventy (70) of which are graded for the exam score.

What is AIF certification?

The Accredited Investment Fiduciary (AIF®) Designation is a professional certification that demonstrates an advisor or other person serving as an investment fiduciary has met certain requirements to earn and maintain the credential.

What is PMS and AIF?

This is the reason large and wealthy investors prefer them. However, PMS and AIF there are many points of difference between Portfolio Management Services and Alternative Investment Funds like AIF offers a wide bouquet of investments while on the other hand PMS is majorly focused on listed securities.

What is a certified fiduciary?

Certified Financial Fiduciary® (CFF) is a professional designation for financial professionals, namely those who have successfully completed a rigorous certification and training process established by NACFF and AFEA (The American Financial Education Alliance), and who agree to uphold the highest moral, ethical and …

How much does AIF designation cost?

Price $1,950 The exam is administered online in coordination with a proctor. Fi360 has partnered with ProctorU to offer remote proctoring to AIF® Designation candidates.

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