TOAP UITF Certification Program Qualifying Exam case studies
TOAP UITF Certification Program Qualifying Exam · Put your knowledge to work in context.
The TOAP UITF Certification Program Qualifying Exam is a multiple-choice assessment for professionals who sell, distribute, advise on, or support Unit Investment Trust Funds in the Philippine market. Candidates typically come from branch sales, relationship management, trust and treasury units, operations, and compliance. The TOAP UITF Certification Program Qualifying Exam case studies are 5 cases and about 3,269 words.
1The Withdrawn Bond Quote and a Confirmed Subscription
Blue Harbor Trust administers the Blue Harbor Peso Bond UITF, a P2.4 billion fund whose written policy values holdings at fair market value and corrects NAVPU errors above 0.50%. On Tuesday the fund accountant finds that a 7.5% corporate bond maturing in 2031, 18% of net assets, has been carried at a dealer quote of 102.50 for nine trading days after that dealer withdrew its quote.
692 words, about 3 min2The Retiree, the Equity Fund, and the 12% Flyer
Northbridge Bank's trust desk is selling the Northbridge Asia Equity Growth UITF to Mrs. Elena Cruz, 72, who has P3.2 million from a matured time deposit.
654 words, about 3 min3Four Subscriptions Below the Reporting Threshold
At Unity Trust, four new clients subscribe to the Unity Money Market UITF within three banking days: P480,000, P490,000, P495,000, and P470,000. Each application lists the same residential address and mobile number, and each is funded by a manager's check drawn on the same joint account at another bank.
639 words, about 3 min4The 'Temporary' Unrated Paper and Bond-Like Preferred Shares
Harbor View Bond UITF's declaration of trust permits investment only in peso-denominated government securities, bank deposits, and corporate bonds rated at least BBB by an accredited rating agency. It also caps exposure to any single issuer at 10% of net assets.
653 words, about 3 min5IPO Allocation and a Cross-Trade with the Proprietary Book
Summit Trust manages the Summit Philippine Equity UITF and a proprietary trading book. An IPO of 2 million shares is allocated to the trust department.
631 words, about 3 min