IFC100 - Canadian Investment and Funds

Subject Title
Canadian Investment and Funds

Subject Description
This subject is offered in partnership with the Investment Funds Institute of Canada (IFIC)and delivered through Inventive Financial Sector Education (IFSE.) Students will be given an overview of mutual funds within the context of the financial services industry. They will gain the knowledge needed for their roles as a mutual funds sales representative and, through the analysis of case studies, will put their knowledge into practice. Students will learn how to evaluate clients' investment objectives and the competencies to help them choose the investment strategy and vehicles that are right for them.

Credit Status
Seneca College: Non-credit. Students may request to write the exam with IFSE. Successful completion of the IFIC course allows you to apply for registration as a mutual funds sales representative through your employer and the Ontario Securities Commission.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

1. Describe the duties and obligations of a mutual fund dealing representative and the regulations that govern activities.

2. Thoroughly assess client situations and product offerings to provide suitable investment solutions for clients.

3. Understand the economic and investment framework in which mutual funds operate.

4. Explain the Canadian income tax system, especially the taxation of investment income.

5. Understand the structure of the mutual fund industry in Canada and the operational aspects of mutual funds.

6. Describe the investment activities of mutual funds that determine how they are classified.

7. Explain how Canadian funds their retirement and the features of the various types of plans.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecapolytechnic.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecapolytechnic.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.

Camera Use and Recordings - Synchronous (Live) Classes
Synchronous (live) classes may be delivered in person, in a Flexible Learning space, or online through a Seneca web conferencing platform such as MS Teams or Zoom. Flexible Learning spaces are equipped with cameras, microphones, monitors and speakers that capture and stream instructor and student interactions, providing an in-person experience for students choosing to study online.

Students joining a live class online may be required to have a working camera in order to participate, or for certain activities (e.g. group work, assessments), and high-speed broadband access (e.g. Cable, DSL) is highly recommended. In the event students encounter circumstances that impact their ability to join the platform with their camera on, they should reach out to the professor to discuss. Live classes may be recorded and made available to students to support access to course content and promote student learning and success.

By attending live classes, students are consenting to the collection and use of their personal information for the purposes of administering the class and associated coursework. To learn more about Seneca's privacy practices, visit Privacy Notice.