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Introduction of CUTE
 
Entrusted by the Securities Commission, FIMM is the sole institution which organises the examination which qualifies individuals to market and distribute unit trusts. Unit trusts qualification examinations started in 1999 using the manual format and have since progressed to a computerised, web-based examination known as CUTE. Candidates must thus have a fair knowledge on the usage of a computer before attempting the examination. Candidates are required to answer 60 multiple choice questions within two hours. It is mandatory that candidates pass the CUTE before they market and distribute unit trusts.
The first CUTE session commenced 22 July 2004 with the manual examination being conducted concurrently until October 2004. Starting November 2004, CUTE was fully implemented.
The CUTE sessions are conducted regularly in the Klang Valley and major cities or towns in Peninsular Malaysia, Sabah and Sarawak. The CUTE schedule and locations can be viewed by clicking on this link.
 
Chapter 1 - Understanding Unit Trusts
Chapter 2 - Regulation of the Unit Trust Industry
Chapter 3 - Servicing Clients and Marketing Unit Trusts
Chapter 4 - Industry Code of Ethics and Standards of Professional Conduct
Chapter 5 - Personal Financial Planning
Chapter 6 - Operations of Syariah-based Unit Trust Schemes
Chapter 7 - Glossary
   
The study manual for CUTE can be obtained from the company with which the candidate registers for the examination.
CUTE is conducted in Bahasa Melayu, English and Chinese. Candidates are able to obtain the results of the examination immediately after each session. However, they are not allowed to market and distribute unit trusts until receipt of FIMM’s final confirmation on the examination results.
 
 
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