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Sofi invested all her savings ($145,000) in the PET Segregated Fund and named herself as the beneficiary of the account. Ten years later, her investment in the fund is valued at $114,000. If the fund offers the minimum provincial guarantee, how much would she receive if she decides to withdraw her invested capital?

		$85,500
		$108,750
		$114,000
		$145,000

To bring a structured product to market for sale to investors, who are the three required parties who must work together to create and manage the investment opportunity?

		A market-maker, a distributor and a manufacturer
		A guarantor, a manufacturer and a distributor
		A manufacturer, a market-maker and a lawyer
		A distributor, a guarantor and a lawyer

Which of the following statements is not true about "closed-end" funds when compared to standard, "open-end" mutual funds?

		Closed-end funds always pay-out distributions (capital gains, dividends or interest) directly to investors which open-end mutual funds may not do
		Closed-end funds always trade at their calculated NAVPS while open-end mutual funds usually trade at a discount or premium to their calculated NAVPS
		Closed-end funds are usually more fully invested than open-end mutual funds
		Closed-end fund managers have fewer restrictions on how they can invest their assets than open-end mutual funds

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