SIAA Securities & Managed Investments study plan

Map the primary and secondary market structure from memory, naming issuers, underwriters, exchanges, brokers and clearing functions and the flow of an order from client to settlement

Distinguish the roles and duties of the regulator, exchanges, clearing houses and intermediaries, and state which body handles licensing, conduct and market surveillance

Classify ordinary shares, preference shares, rights, warrants and depositary receipts by their cash-flow and voting rights, and explain dilution effects of a rights issue

Compute basic equity metrics including dividend yield, earnings per share, price-earnings ratio and total shareholder return from supplied figures

Price a plain vanilla bond from its coupon, yield and maturity, and explain the inverse price-yield relationship with a worked example

Differentiate money market instruments such as treasury bills, commercial paper, certificates of deposit and repurchase agreements by issuer, tenor and credit risk

Calculate accrued interest, clean and dirty price, current yield, yield to maturity and duration for a supplied bond

Rank a set of bonds by interest rate risk and credit risk and justify each ranking in two sentences

Compare open-ended funds, closed-ended funds, unit trusts, exchange-traded funds and real estate investment trusts on liquidity, pricing, leverage and cost structure

Interpret a fund fact sheet, extracting objective, benchmark, holdings concentration, expense ratio, turnover and performance attribution

Calculate net asset value per unit and the effect of an initial charge and annual management fee on investor return over a holding period

Explain the duties of the trustee or depositary and the rules on segregation and custody of fund assets

Explain the payoff profiles of forwards, futures, options and swaps, and identify the obligation versus right in each

Compute intrinsic value and break-even for call and put positions, and describe how implied volatility and time decay affect option premium

Deconstruct a structured product into its bond and derivative components and identify the issuer credit, capital protection and participation features

Describe hedge fund strategies and alternative assets by return source, liquidity and fee model, and flag the main valuation and leverage risks

Apply modern portfolio theory concepts to compute expected portfolio return, variance and correlation effects for a two-asset portfolio

Match risk tolerance, time horizon, liquidity needs and capacity for loss to an appropriate strategic asset allocation for three client profiles

Compute Sharpe ratio and maximum drawdown for supplied return series and interpret what each reveals about risk-adjusted performance

Construct a suitability assessment conversation, converting client facts into documented recommendations with rationale and alternatives considered

Apply the anti-money laundering cycle by identifying placement, layering and integration in five short scenarios and stating the correct escalation action

Distinguish customer due diligence, enhanced due diligence and simplified measures, and list triggers for each

Classify conduct breaches such as front running, churning, mis-selling, market manipulation and insider dealing in given case descriptions

Explain conflicts of interest management, best execution duties, client money handling and record-keeping obligations

Revisit weak areas flagged in earlier self-tests and rewrite condensed notes for each weak topic in your own words

Build a formula sheet covering yield, duration, net asset value, portfolio return, variance and Sharpe ratio, and verify each formula with one worked example

Answer 60 mixed questions across domains 1 to 4 under timed conditions and log every error by cause

Explain settlement cycles, corporate actions and fund distribution mechanics aloud without notes

Complete two full-length timed mock exams and compare domain scores against the exam weighting to identify remaining gaps

Review only the error logs and formula sheet, converting recurring mistakes into five flashcards or memory rules

Rehearse the suitability and AML decision steps as short verbal scripts so procedural questions become automatic

Confirm exam logistics, permitted materials and time allocation strategy per section