Labour Sponsored Investment Funds Course (LSIF)

This course focuses on identifying practical differences between LSIFs and mutual funds. Upon completion of the course, students will be able to understand how LSIFs differ from mutual funds, and confidently determine client suitability for the product. The LSIF course includes an overview of the federal rules and the rules for these particular provinces:

• British Columbia
• Manitoba
• Newfoundland
• New Brunswick
• Nova Scotia
• Ontario
• Saskatchewan

Tools and Pricing

Standard Course Price $340
IFIC Members Course Price $240
Click here!Don’t know if your firm is a member of IFIC?

Questions? Contact info@ifse.ca.

Course Information

COURSE DETAILS
Delivery Paper
Language English
Suggested study time 10 to 20 hours
Enrolment period 1 year
Practice exam Not applicable

Click here!Have questions?

WHO SHOULD ENROL
  • Any individual who wishes to provide advice on Labour Sponsored Investment Funds

EXAM DETAILS
Format Online
Time permitted 60 minutes
Question format Multiple choice
Passing grade 60%
Attempts allowed 2
Note: Your first exam attempt (exceptions may apply) is included in the price of the course enrolment. Additional fees apply for subsequent exam attempts.

Click here!CE Credit Matrix
WHAT WILL I LEARN
  • Client risks and suitability
  • Implications
  • Objective of legislation
  • Venture capital investments
  • Establishing an LSIF
  • Structure of an LSIF portfolio
  • Technical aspects of LSIF
  • LSIF shares in RRSPs

FAQ

Follow these instructions.

  1. Select the LOGIN/REGISTER box.
  2. For returning students, login using your username and password. Select “Enrol in a Course” in the menu bar.
    For new students choose "Become a Student" and supply all mandatory information in the following screens.
  3. If you have a contract code and password, enter it where required and click "Yes". If you do not have a contract code, click "No".
  4. Select the course you want to enrol in. Click “Next”.
  5. If optional products are available for purchase, they will appear for you to select. Click “Next”.
  6. Complete your profile information as indicated on the screen. Take care in completing your mailing and shipping address to ensure that any materials that you have ordered will be delivered promptly and correctly. Click the "Save" button to proceed to the shopping cart.
  7. Verify your shopping cart information and click on "Process Payment".
  8. Review the Terms and Conditions completely. To accept the Terms and Conditions, check the box and click "Yes". If you do not want to accept the Terms and Conditions, click "No". Your course enrolment will be cancelled.
  9. Provide your credit card information and click on "Pay Now". Please do not touch the screen until your payment has been processed. A copy of the receipt will appear and can be printed for your records. The receipt will also be stored in your student record for future reference.

You will receive an email from IFSE when your exam results are available. Exam results for paper-based and computer-based exams are available online within three to five business days following the exam if you have no outstanding fees. Exam results for online exams are available immediately upon submission.

You can access your exam results by logging into your IFSE account. Once you have logged in:

  • Select "Courses".
  • Select "Show me my Marks for this Course" (this link only appears when your results are available).

No, an online exam is an exam that is taken via www.ifse.ca. The exam is available 24/7 and may be completed from any location where there is internet access. You receive your grade immediately upon submission.

You can access your online exam by logging into your IFSE account. Once you have logged in:

  • Select "Launch this Course".
  • Once you launch the course, you can access your Examination or Assessment.

There is no cost to re-write an online exam with the exception of the Labour Sponsored Investment Funds Course (LSIF), Canadian Deposits Self-Study Course offered by the Registered Deposit Brokers Association (RDBA) and the 90 Day Training Course (3 attempts allowed for each of the 9 case study exams). Click here to view the cost to re-write the online exam for these courses. You must contact us to pay the re-write fee. Once the re-write fee is paid, IFSE will reset your exam.

IFSE Institute cannot be held responsible for technical problems that you experience with your equipment or internet service. You can check out the user requirements here.

Other Relevant Courses

You may be interested in these other IFSE courses.

Canadian Investment Funds Course (CIFC)Branch Managers’ Examination Course (BM)90 Day Training CourseCanadian Investment Funds Operations Course (CIFOC)Exchange-Traded Funds CourseOfficers’, Partners’, and Directors’ Course (OPD)Tax-Efficient Investing