Chartered Mutual Fund Counselor℠
Professional Designation Program
The Chartered Mutual Fund CounselorSM or CMFC® designation is the only industry-recognized mutual fund designation.
The College collaborated with the Investment Company Institute (ICI), the primary trade organization for the mutual fund industry to create the program in 1996. The CMFC® program provides you with a thorough knowledge of mutual funds and their various uses as investment vehicles.
Why choose the CMFC® Program?
- CMFC® graduates report yearly increases to their earnings, job satisfaction, and number of clients.
- The CMFC® is nation’s only industry-recognized mutual fund credential.
- There are more than 6,500 CMFC® graduates and the program is widely recognized and encouraged by many top financial firms.
- Graduates of the CMFC® program qualify to test out of up to 1/3 of our CFP Certification Professional Education Program.
Because of the CMFC® program, I am now able to compare funds based on their past, present, and future directions. I have confidence in my knowledge of the various funds and in my ability to communicate that knowledge to clients. – Jan W
Chapter 1. History & Growth of the Mutual Fund Industry
Chapter 2. What is a Mutual Fund?
Chapter 3. Mutual Fund Regulation
Chapter 4. Mutual Fund Organization
Chapter 5. Mutual Fund Distribution
Chapter 6. Mutual Fund Taxation
Chapter 7: Mutual Fund Pricing
Chapter 8: Mutual Fund Expenses
Chapter 9: Mutual Fund Services
Chapter 10: Reading a Mutual Fund Statement
Chapter 1. Types of Open-End Funds & Their Securities
Chapter 2. Closed-End Funds
Chapter 3. Sources of Fund Information
Chapter 1. Unit Investment Trusts
Chapter 2. Variable Annuities
Chapter 3. Mutual Fund Wrap Fee Program
Chapter 4. Fund-of-Funds
Chapter 5. Offshore Funds
Chapter 1. Definitions & Types of Risk
Chapter 2. Quantitative Measures of Risk
Chapter 3. Risk Reduction Methods & Strategies
Chapter 1. Types of Returns
Chapter 2. Computing Rates of Return
Chapter 3. Historic & Expected Returns
Chapter 1. Asset Allocation
Chapter 2. Implementing an Asset Allocation Plan
Chapter 3. Portfolio Optimization
Chapter 4: Portfolio Rebalancing
Chapter 5: Portfolio Reallocation
Chapter 1. Client Suitability
Chapter 2. Establishing Financial Goals
Chapter 3. Meeting Clients’ Needs
Chapter 4. Selecting a Mutual Fund
Chapter 1. Assessing Retirement Needs
Chapter 2. Sources of Retirement Income
Chapter 3. Inflation & Erosion of Purchasing Power
Chapter 4. Accumulating Capital for Retirement
Chapter 5. Personal Tax-Deferred Retirement Plans
Chapter 6. Qualified Retirement Plans
Chapter 1. Ethical Behavior & the Modern Securities Industry
Chapter 2. Current Regulatory & Ethical Issues
Chapter 3. Duties Owed to the Client
Chapter 4. Formal Ethical Codes & the Investment Professional
Chapter 5. Ethical Behavior & the Asset Management Process
Chapter 6. Client Communications, Advertising, Sales & Business Practices
Chapter 7. Dos & Don’ts
Chapter 8: FINRA Conduct Rules
Students typically complete their studies within 9-11 weeks, although your completion time may be faster or slower than the duration cited.
To complete the program, students have to successfully pass the course’s final exam at one of our approved testing centers: PSI, Prometric , or ISO Quality Testing. The first examination is included as part of your enrollment. Subsequent examination attempts are $100 each. Students must attempt the exam within six months of enrollment and have one year to complete the program. Full enrollment details can be found here.
Additional requirements exist to obtain and maintain authorization to use the designation.
Live Course Dates
The next live course will be offered during these dates. Remember that you can enroll and begin at any time using pre-recorded course lectures.
Mon10Oct2016Mon12Dec2016Adobe Connect Online
CMFC Online Program
Classes meet each Monday.
Tue21Feb2017Tue25Apr2017Adobe Connect Online
CMFC Online Program
Classes meet each Tuesday.