Loading…
CMFASPrepStudyingRES5
Switch exam
Financial advisory
RES5Financial Advisory Services✓A passive index-tracking fund carries relatively little manager risk. Its main risk RELATIVE to its benchmark is instead:
Tracking error/tracking risk applies to index funds and ETFs — the risk of failing to match the benchmark closely due to fees, cash, sampling or replication method — rather than active manager underperformance.
Assigning active-fund risks such as key-person risk to a passive index tracker.
Practise more M8 Risks of Collective Investment Schemes questions
Exam-style questions with worked answers, then full timed mocks. Free to start.
Build a daily practice habit — a few exam-style questions a day, with worked answers. Free to start.
Start practising →Original study material mapped to the public CMFAS M8 syllabus. Unofficial, not endorsed by MAS or SCI. Verify figures and rules against current guidance before relying on them.