Wealth Management

Certified Private Wealth Professional (CPWP) Module 1 Refresher Programme Topic 8 – Unit Trusts and Investment Funds


The Enhanced Competency Framework (ECF) for Private Wealth Management (PWM) Practitioners, which was rolled out in June 2014, sets out an enhanced level of core competence and on-going professional development of PWM practitioners who undertake customer-facing roles. To qualify as a Certified Private Wealth Professional (CPWP), PWM practitioner is required to pass the CPWP Modules 1 & 2 Examinations.

HKSI Institute offers the CPWP Module 1 Refresher Programme which is designed to help candidates of the CPWP Module 1 Examinations build a strong knowledge base and practical skills on the topics to be examined by learning or refreshing the content covered in the Study Manuals. It has 14 training sessions and T8 Unit Trusts and Investment Funds is one of the training sessions.


Each training session is highly interactive and practical examples and exercises will be provided. The content of the training session is based on the CPWP Module 1 syllabus (please refer to CPWP Module 1 Syllabus for details) and the CPWP Module 1 Study Manuals.

The high level outline of T8 Unit Trusts and Investment Funds is
1. CPWP Module 1 Refresher Programme Overview and its key learning objectives
2. Topic overview including the key focus of the training session and the learning outcomes as stated in the study manual
3. Key content includes
-- Overview of Unit Trusts and Investment Funds
-- Types of Funds
-- Understanding Fund Factsheet
-- Understanding Fund Audit Reports

Who should attend

It is primarily targeted to CPWP candidates who wish to take the CPWP Module 1 Paper 1 Examination. It is also relevant to those PWM practitioners who would like to enhance their knowledge and skills in wealth management products.

Financial Incentive Scheme of the WAM Pilot Programme

This is one of the eligible courses under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

In-service practitioners of the financial services industry will be eligible for the Scheme. They will be reimbursed 80% of the course fees, subject to a maximum of HK$7,000 (whichever is the lower) upon satisfactory completion of a course or seminar over the three-year period of the Scheme.

Each individual may apply for reimbursement for more than one course / seminar.

Application to reimburse the course fees, together with the required documents, must be submitted within four months from the last day of the course attended.

Please refer to the WAM Pilot Programme website for more details.

Speaker/Course Instructor

Joel LU
Mr. Lu has over 30 years of experience in the financial industry, encompassing currency and capital markets, risk management, derivatives, investment advisory and portfolio management. He has worked in Hong Kong, Canada and the UK for a total of nine major financial institutions headquartered in the US, Canada, Japan, UK, Switzerland and the Netherlands. His most recent post was with a reputable European boutique private bank as Chief Investment Officer, Asia / Managing Director. In his previous employment, he has been licensed as an Executive Officer by the Hong Kong Monetary Authority and Responsible Officer by the Hong Kong Securities and Futures Commission. Mr. Lu is a Chartered Financial Analyst (CFA). He obtained both his Bachelor of Science and Master of Business Administration from the University of Toronto in Canada.


Date & Time
Wednesday, 22 Aug 2018 (6:30PM - 8:30PM)
HKSI Institute Training Centre
SFC:2.00, PWMA:2.00