How to Use this Book.

Chapter 1: The Capital Markets and Financial Services.

Introduction.

Suppliers and Users of Investment Capital.

The Role of Financial Instruments.

The Role of Financial Markets.

The Role of Financial Intermediaries.

The Canadian Securities Industry.

Regulatory Organizations.

Chapter 1: Review Questions.

Chapter 2: The Canadian Economy.

Measuring the Economy.

Interest Rates.

Money and Inflation.

Labour Markets.

External Sector.

The Exchange Rate.

The Economy in the Short Run.

The Economy in the Long Run and Economic Policy.

Monetary Policy.

Fiscal Policy.

Chapter 2: Review Questions.

Chapter 3: Financing, Listing, and Regulation.

Government and Corporate Financing.

The Financing Procedure.

The Listing Process.

Regulation and Investor Protection.

Chapter 3: Review Questions.

Chapter 4: Corporations and Their Financial Statements.

Basic Forms of Business Organization.

The Incorporation Process.

Understanding Financial Statements.

Balance Sheet.

Earnings Statement.

Other Components.

Chapter 4: Review Questions.

Chapter 5: Fixed Income Securities.

Overview and Terminology.

Government of Canada Securities.

Other Types of Bonds.

Bond Features.

Protective Provisions.

Bond Pricing Principles.

The Term Structure of Interest Rates.

Delivery, Regulation, and Settlement.

Chapter 5: Review Questions.

Chapter 6: Equities.

Introduction.

Preferred Share Characteristics.

Types of Preferred Shares.

Other Preferreds.

Preferred Features.

Assessing Preferred Share Investment Quality.

Common Shares.

Cash and Margin Accounts.

Short Sales.

Equity Transactions.

Chapter 6: Review Questions.

Chapter 7: Managed Products.

Introduction.

The Structure of Mutual Funds.

Regulation of Mutual Funds.

Redeeming Mutual Fund Units or Shares.

Types of Mutual Funds.

Fund Management Styles.

Comparing Mutual Fund Performance.

Other Managed Products.

Chapter 7: Review Questions.

Chapter 8: Segregated Funds.

Key Features of Segregated Funds.

Convergence with Mutual Funds.

Regulation.

Structure.

Administration.

Maturity Guarantees and Benefits.

Fees and Expenses.

Tax Considerations.

Disclosure.

Chapter 8: Review Questions.

Chapter 9: Derivative Securities.

Introduction.

Rights and Warrants.

Options.

Futures and Forwards.

Chapter 9: Review Questions.

Chapter 10: Analyzing Markets and Products.

Overview.

Fundamental Macroeconomic Analysis.

Industry Analysis.

Fundamental Company Analysis.

Interpreting Financial Statements.

Fundamental Valuation Models.

Stock Indices and Averages.

Technical Analysis.

Chapter 10: Review Questions.

Chapter 11: Financial Planning and Taxation.

The Process of Financial Planning.

Taxes and Taxation Issues.

Taxable and Tax Deductible Items.

Capital Gains and Losses.

Tax Deferral Plans.

Chapter 11: Review Questions.

Chapter 12: The Portfolio Approach.

Introduction.

Risk and Return.

The Portfolio Approach.

Designing an Investment Policy.

The Investment Policy Statement.

Developing and Implementing an Asset Mix.

Asset Allocation Techniques.

Monitoring the Economy, the Markets, and the Client.

Evaluating Portfolio Performance.

Chapter 12: Review Questions.

Chapter 13: Building the Relationship with the Client.

Information Gathering, Communication, and Education.

Ethics and the Financial Advisor.

Standards of Conduct.

Case Studies.

Chapter 13: Review Questions.

Answers to End-of-Chapter Review Questions.

CSC Practice Examination #1: Chapters 1-6.

CSC Practice Examination #2: Chapters 7-13.

Answers to Practice Exam #1: Chapters 1-6.

Answers to Practice Exam #2: Chapters 7-13.