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It's the foundational license that allows you to legally sell mutual funds, segregated funds, and other related products in Canada.
Anyone whose job involves registering, dealing, or advising on mutual funds in Canada must be licensed by passing the IFC.
Yes, it's the mandatory entry point for a wide range of roles in the Canadian financial services industry.
It covers mutual funds, ethics, regulations, client needs assessment, and the Canadian economic environment.
The exam code is simply IFC.
The exam contains 100 multiple-choice questions.
You are given 2 hours (120 minutes) to finish the exam.
You need to achieve a score of 60% to pass the IFC exam.
TESTED 13 Sep 2025
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