Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

RICS Investment and Finance Pathway > Investment Management Level One > Flashcards

Investment Management Level One Flashcards

You may prefer our related Brainscape-certified flashcards:
Series 66 flashcards SIE Exam flashcards Series 63 flashcards Series 79 Top-Off Exam flashcards Series 7 Top-off Exam flashcards CFA flashcards Series 65 flashcards
1
Q

Tell me what you understanding about the fundamental elements of property/asset returns including capital and rental returns, plus how these are generated in practice.

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Tell me what you understand about the mainstream types of property/asset valuation such as investment appraisal techniques.

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Tell me about the principles of portfolio and asset management.

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

How do you understand the requirements of an investment portfolio?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What impacts upon performance of the portfolio?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What impacts upon performance of the portfolio?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What could pose a risk to portfolio performance?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

How are you going to overcome this challenge?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

How do you ensure that the portfolio is properly managed?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

How could BIM be used in the future of investment/asset management?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

How do you manage/avoid/mitigate risk for clients?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

How do you compare your client’s investment in property against other investment classes?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

How do you assess the performance of a client’s property portfolio?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

How can you appraise capital investment?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Tell me about your understanding of NPV/IRR/pay back etc.

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Tell me about the tax rules relating to a property investment/portfolio you have managed.

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

What are other ways of investing in property? (e.g. indirect investment, REITs)

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

What is the difference between a regulated and an unregulated fund?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

What is a hedge fund?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

What is a private equity fund?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

How does Islamic funding differ to traditional Western finance?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

What is a property fund?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

What is collective investment?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

What is the difference between direct and indirect investment?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

What is a regulated activity?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

Who is the regulated for such activity?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
27
Q

Tell me about the RICS DCF guidance.

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
28
Q

Does RICS produce any guidance about investment management? (could refer to RICS Strategic Public Sector Asset Management)

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
29
Q

Why does property differ to other business resources?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
30
Q

How does liquidity relate to property investments?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
31
Q

What are the benefits of good asset management?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
32
Q

What is the difference between asset and property management?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
33
Q

Talk me through the asset management process.

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
34
Q

How do you prepare for property asset management?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
35
Q

How do you prepare a property asset management policy/plan?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
36
Q

What are the key elements within this?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
37
Q

Tell me about a business case / project evaluation you have put together.

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
38
Q

How do you set out your action plan and implement this?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
39
Q

How do you communicate the plan to key stakeholders?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
40
Q

How does the budget process relate to asset management?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
41
Q

How do you incorporate sustainability into your investment management?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
42
Q

How do you review and benchmark performance?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
43
Q

What is the role of the FCA?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
44
Q

What is the AIFMD legislation?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
45
Q

What is an authorised / recognised fund?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
46
Q

What is a Collective Investment Scheme?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
47
Q

What legal structures are you aware of for UK funds? How do these differ?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
48
Q

What is the main European legislation for funds?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
49
Q

How will this be affected by Brexit?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
50
Q

What is the FSMA?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
51
Q

What regulations do the FSA set?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
52
Q

What documentation governs the fund manager?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
53
Q

Who are the key parties involved in the governance of authorised funds?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
54
Q

What is the Approved Persons Regime?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
55
Q

What are the key responsibilities of the manager?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
56
Q

What are the key responsibilities of the Depositary?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
57
Q

Are there any other parties involved in the governance arrangements of authorised funds?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
58
Q

How else are investors protected by the UK governance structure?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
59
Q

What is the instrument constituting the fund?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
60
Q

What is a fund Prospectus?

A
61
Q

What are KIIDs, KIDs Simplified Prospectuses and Key Features Documents?

A
62
Q

Are investors entitled to receive any reports about the fund?

A
63
Q

What information is contained within the Short Report?

A
64
Q

What information is contained within the Long Report?

A
65
Q

What happens when a change is to be made to the fund?

A
66
Q

Tell me more about the types of changes that can be made to a fund?

A
67
Q

Are there limits regarding investment and borrowing powers for funds?

A
68
Q

Tell me more about eligible markets.

A
69
Q

Tell me more about the general investment and borrowing powers for funds.

A
70
Q

What are the rules regarding stock lending?

A
71
Q

How are investors protected against risk from the use of derivatives?

A
72
Q

Tell me more about the Risk Management Process?

A
73
Q

Is the process of buying or redeeming units regulated?

A
74
Q

Is the process of buying or redeeming units regulated?

A
75
Q

Tell me more about the process of buying and redeeming units?

A
76
Q

Are there any rules regarding the frequency of dealing to which a fund must adhere?

A
77
Q

Do any funds operate limited issue arrangements?

A
78
Q

Do any funds operate limited redemption arrangements?

A
79
Q

How are funds priced?

A
80
Q

What are the three pricing methods available?

A
81
Q

What is dual pricing?

A
82
Q

What is single pricing with dilution levy?

A
83
Q

What is swinging single pricing?

A
84
Q

Are investors offered any protection during the process of pricing and valuation?

A
85
Q

What payments can be made out of the scheme property of the fund?

A
86
Q

Can performance fees be charged out of the scheme property of the fund?

A
87
Q

What are the charges that may be levied on investors when buying or selling units in a fund?

A
88
Q

How do you know what charges will be incurred?

A
89
Q

Can a fund offer different share classes?

A
90
Q

What is the difference between an income and accumulation share class?

A
91
Q

What is a currency class unit?

A
92
Q

Are UK funds permitted to launch currency hedged share classes?

A
93
Q

What is meant by the term “equalisation”?

A
94
Q

What does ex-distribution date (XD date) mean?

A
95
Q

What are the reasons for suspension?

A
96
Q

Who makes the decision to suspend a fund?

A
97
Q

What happens while a fund is suspended?

A
98
Q

When should a fund suspension cease?

A
99
Q

How often should the suspension be reviewed?

A
100
Q

How are equity funds taxed?

A
101
Q

How are bond funds taxed

A
102
Q

What are PAIFs and how are they taxed?

A
103
Q

How are investments in offshore funds taxed in the fund?

A
104
Q

What is Stamp Duty Reserve Tax (SDRT)?

A
105
Q

On what basis would you advise a client to invest in indirect property investment vehicles?

A
106
Q

Describe the advantages and constraints of the main indirect investment vehicles available in your market (listed/unlisted etc).

A
107
Q

Describe the interactions as well as lack of interactions between the physical property market and indirect investment vehicles.

A
108
Q

What are the tax specifics of local Real Estate Investment Trusts (REITs)?

A
109
Q

How do you define property returns?

A
110
Q

What are the various ways of investing in real estate?

A
111
Q

What are the main characteristics of your local investment market and your local letting market?

A
112
Q

How would you explain to a client your role as asset manager and your contribution to his/her portfolio in case you are selected to manage the properties?

A
113
Q

What can you do to improve the performance of property as a financial investment?

A
114
Q

Why do investors look at property as an investment?

A
115
Q

Is direct investment in real property a regulated activity?

A
116
Q

What investment activities are covered by the UK financial services regulatory system?

A
117
Q

Who is the UK’s financial services regulator?

A
118
Q

What is the role of the FCA?

A
119
Q

What investments fall under the Financial Services and Markets Act 2000?

A
120
Q

What is indirect investment?

A
121
Q

What are ‘regulated activities’ categorised as by the FCA?

A
122
Q

What is a REIT?

A
123
Q

What types property investments can be more tax efficient than others?

A
124
Q

What is property private equity and debt?

A
125
Q

What is property public equity and debt?

A
126
Q

What are the most liquid forms of property investment?

A
127
Q

What is a listed property company?

A
128
Q

What is a PAIF?

A
129
Q

What is a JPUT?

A
130
Q

What is a CMB?

A
131
Q

What are property securities and derivatives?

A
132
Q

What are the advantages and disadvantages of a property investment you have been involved with?

A
133
Q

What is the role of the Property Investment Manager?

A
134
Q

What is an IMA?

A
135
Q

What does this control?

A
136
Q

What is a mandate?

A
137
Q

What does ‘authority to invest’ mean?

A
138
Q

What is this granted by?

A
139
Q

What is an AUM?

A
140
Q

How are investment management fees typically paid and structured?

A
141
Q

What is the role of an asset manager?

A
142
Q

How do asset and investment management differ?

A
143
Q

What is property corporate finance?

A
144
Q

What are the 4 quadrants of property?

A
145
Q

Explain the impact of the National Security and Investment Act 2021 on real estate deals.

A
145
Q

What might cause a transaction to fall within the voluntary regime (detailed within the Act)?

A
146
Q

What is the role of the AIFMD?

A
147
Q

What is the UK Stewardship Code?

A

RICS Investment and Finance Pathway (54 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions