Section 02
Understanding mutual funds
What a fund actually is, the main types, why fees quietly decide outcomes, and how to read performance honestly.
Lesson map
Mastery loads after hydration
Click a node to jump to that lesson. Colours track your mastery — neutral · below 60% · passing · strong.
Flashcards · 20 cards
Tap a card or press Enter to flip. Spaced repetition lands with Flashcard Battle (PR4).
Apply this section
Real-world tasks that close the loop between reading and doing. A section isn't complete until you've tried at least one of these in your own context.
Walk a client through Fund Facts
Apply~20 minPick any real Fund Facts document. Practise explaining its objective, risk rating, and MER to a client in under two minutes, ending with what the fee buys.
Done when: You can state the fund's objective, risk level, and MER from memory and explain the cost in dollar terms on a sample balance.
Why this matters. Reading + quizzing prove recall; applying it in a real situation is the only evidence of transfer. Treat at least one of these as non-negotiable before you move on.
Mini-games
These mini-games unlock as we ship them — Time Trivia next.
Time Trivia
10 questions, 15 seconds each. Cumulative score with streak bonus. Reinforces speed under exam pressure.
Play →
Flashcard Battle
Self-paced battle through the section's flashcards. Hard / Good / Easy keeps the right cards in front of you.
Play →
Concept Match
Match each technical term with its definition. Timer + score reward speed and accuracy on exam vocabulary.
Domain Rush
Concepts appear one by one — classify each into the right CCA-F domain. 5 levels, mastery-graded.
Complete the Code
Real Claude API snippets with missing parameters. Pick the correct value to reinforce exact syntax.
Interactive Scenarios
Make decisions in real-world scenarios — which model, which pattern, how to handle errors. Mirrors the exam shape.