✉ E-mail: info@ificprep.caIndependent Investment Funds in Canada exam preparation
IFIC / IFC Exam Preparation

IFIC / IFC Exam Guide 2026

Understand the current Investment Funds in Canada exam structure, topic weightings and how to turn the official blueprint into a practical study plan.

6-month accessIndependent practiceCurrent IFC focus
Professional studying financial-services material
Updated Sep 2026reviewed against CSI exam information
1 examCSI current structure
100 MCQsquestions per exam
3 hoursexam duration
60%passing grade
90–140 hrsCSI study estimate
Current-status note: official exam details can change. The figures below were reviewed against CSI's IFC Exam & Credits page in September 2026. Always verify directly with CSI before your exam.

Current IFC exam structure

CSI currently lists one proctored examination, 100 multiple-choice questions, a three-hour duration, three attempts allowed and a 60% passing grade. CSI also lists an estimated 90–140 hours of study.

View the current official CSI IFC Exam & Credits page →

Current topic weightings

Exam topicWeighting
Introduction to the Mutual Funds Marketplace13%
The Know Your Client Communication Process19%
Understanding Investment Products and Portfolios18%
The Modern Mutual Fund5%
Analysis of Mutual Funds10%
Understanding Alternative Managed Products3%
Evaluating and Selecting Mutual Funds16%
Ethics, Compliance, and Mutual Fund Regulation16%

What the weighting means for your study plan

Weighting is useful for allocating time, but it should not become an excuse to ignore smaller areas. High-weight topics deserve repeated practice, while low-weight topics can still produce questions that separate a pass from a near miss.

How IFICprep uses the blueprint

IFICprep separates practice into chapter questions, calculation work, case studies, Memory Retainer flashcards, Concept Vault review and mock exams. The goal is to move from topic understanding to mixed application rather than relying on passive reading.

Terminology: Candidates often search for “IFIC exam,” while CSI's official course is the Investment Funds in Canada (IFC) course. IFICprep uses both terms so learners can find relevant preparation while keeping official terminology clear.