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Canadian Funds Course (CFC)

 

Please note: This course has been discontinued and is no longer available for purchase.

If you're a resident of Quebec and want to launch a career in financial services, the Canadian Funds Course is an essential step to become licensed to sell mutual funds to investors in the province. Completion of the Canadian Funds Course can also be used as an intermediate step in the pursuit of the Canadian Securities Course™.

Become Mutual Funds Licensed in Quebec
Completion of this course allows you to apply for registration as a mutual fund salesperson in the Province of Quebec
Qualify For an Abbreviated CSC
Qualifies you to continue your studies with a special version of the Canadian Securities Course, the Canadian Securities Course for CFC Graduates. You only have to complete one exam, instead of two

The Canadian Funds Course covers the essentials for a job in the mutual funds industry.

Learn About:

  • The capital markets and financial services
  • The Canadian economy
  • Financing, listing and regulation
  • Corporations and their financial statements
  • Risk, return and security selection
  • Investment products
  • Managed products
  • Segregated funds
  • Working with the client

What's Included:

CSI offers a variety of options to help you learn at your own pace. Study online, by textbook or using a combination of both.

  • Electronic versions of all CFC text materials, in PDF format.
  • Interactive activities to reinforce key learning.
  • Practice tests.
  • Customizable calendar.
  • Access to discussion forums and assistance from CSI academic support specialists.
  • Course updates

If you selected the "with textbook" option you'll receive a printed version of the Canadian Funds Course textbooks, Volume 1 and 2.

EXAM WEIGHTINGS
(weightings are approximate)
 
Exam 1
Capital Markets 15%
The Canadian Economy 30%
Financing, Listing And Regulation 25%
Financial Statements 30%
Exam 2
Investment Products 30%
Risk, Return And Security Selection 20%
Managed Products 30%
Dealing With The Client 20%
EXAM INFORMATION  
Exams 2
Exam Format Paper Based
Exam Duration 2 Hours
Question Format Multiple Choice
Questions Per Exam 100
Attempts Allowed Per Exam 3*
Passing Grade 60% (Per Exam)
Assignments None
ENROLMENT PERIOD  
Enrolment Period 1 year
COURSE CERTIFICATE

On successful completion of this course CSI will mail you a wall certificate within 4 - 6 weeks of course completion. If you would like to purchase a frame to display your certificate please click here. Please ensure that your First and Last Name on your profile match your First and Last Name on your Government Issued Photo identification - this will ensure you receive an accurate certificate.

*There is no charge for your first attempt at a paper-based exam within Canada, as long as it's at a regular exam center and you provide a minimum of 14 days notice before the date that you want to write the exam. If you would like to write a computer-based exam, an additional fee will be required.

Each subsequent paper-based exam attempt at a regular exam centre within Canada will also require an additional fee. This fee is in addition to any special, computer-based or international fees that may apply. You must provide a minimum of 14 days notice within Canada at a regular exam centre and 4 weeks notice for all other centres. Please note that the date of the exam is not part of any notice period.

†Please note: Access to your online materials will close 2 weeks after successful course completion or course expiry (whichever comes first). This course can be extended by 1 year provided you have not exceeded the attempts allowed for each exam. You can view CSI extension fees here. Your enrolment period can only be extended one time.

Important: During a student's enrolment period, CSI may update this course. In that case, details about the update and how it may affect students will be posted online via My CSI. Students are held responsible for and are examinable on the content in the course textbook(s) provided at the time of enrollment unless stated otherwise in My CSI. Students are encouraged to check My CSI regularly throughout their enrolment period.

Continuing Education (CE) Credits

Click the links below to access CE accreditation information. To search for specific course information, press Ctrl + F and then enter the course name to search the document for the information you are interested in.

National/Provincial (Excluding Quebec)
Download CE Chart (PDF, 163 kb)

Quebec (IQPF/CSF)
Download IQPF/CSF Chart (PDF, 182 kb)

Please note: While CSI makes every effort to ensure that the information is up-to-date, we are unfortunately unable to fully guarantee its accuracy. The information listed in the charts above may be subject to change.

For details on the organizations and other information on CE Credits listed in the above charts, please click here.