
CPWP Module 1 Paper 2
(Set A)
HKD 248
80 Questions
7 Aug 2025
CPWP Module 1 Paper 2 Exam Question
Which of the following statements regarding the investments of a Trust is false?
a) A trustee can appoint investment advisors to delegate the task of managing the investments of the trust.
b) In certain jurisdictions, the settlor has the power to manage the investments of the trust.
c) Trustees can impose restrictions on certain types of assets that can be held under a trust, such as those of higher risk.
d) Trust assets cannot be held by a trustee via an underlying asset holding company wholly owned by the trustee.


