Client Advisor Competency Standards (CACS) Paper 2 - Industry & Product Knowledge

  • Current syllabus (until 31 Jan 2019)
  • - Investment Concepts - Risk & Return
  • - Portfolio Management
  • - Fixed Income and Equity Securities
  • - Options, Futures, Foreign Exchange and Swaps Contracts
  • - Structured Products
  • - Unit Trusts and Fund Products
  • - Alternative Investment Products and Services
  • - Using Credit and Leverage

  •  Revised syllabus (commencing 1 Feb 2019)
  • - Portfolio Management Process
  • - Macroeconomic Analysis
  • - Foreign Exchange Analysis
  • - Fixed Income Analysis and Strategies
  • - Equity Analysis and Strategies
  • - Funds Solutions
  • - Alternative Investments
  • - Derivatives
  • - Structured Products
  • - Credit and Leverage
  • Format: 100 MCQs (computer-based)
  • Duration: 2 hours (until 31 Jan 2019)/ 2.5 hours (from 1 Feb 2019)
  • Pass mark: 70%


The exam results will be displayed on the computer screens after the exam. Printed result slips will not be issued.

  Fees before GST
   Current Fees
        (until 31 Jan 2019)     
 1st Attempt Subsequent Attempt
Corporate Members $300 $225
Non-Members $350 $275
  Fees before GST
 Revised fees
(commencing 1 Feb 2019)
 1st Attempt Subsequent Attempt
Corporate Members $330 $310
Non-Members $400 $380

From 1 January 2019, CFA Charterholders are exempted from CACS Paper 2.

Covered Persons will still need to pass CACS Paper 1 to be deemed to have completed the CACS Assessment.

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