CII AF4 Exam: Investment Planning
The CII's AF4 exam forms a part of the CII Advanced Diploma in Financial Planning. It consists of 3 case study based compulsory questions and lasts for 3 hours. It has a nominal pass mark of 55% and requires a CII recommended 150 hours of study.
The exam syllabus covers the economic environment and how it impacts investment performance and decision making; the features, risks and returns of investments; company performance and accounts; how to measure and manage risk and returns; how to construct an investment portfolio; investment management services, their performance and regulation.
We provide learning resources and materials for the AF4 exam listed below. Simply click on any item you are interested in to find out further information.

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Free AF4 mock question plus 2 full sets of 3 questions each to purchase. Our answers include cross references to the relevant CII study text. These are written by Brand Financial Training in the same style as the CII's papers, but they are not duplicates of the CII's mock papers. AF4 Investment planning |
"The Brand Financial Training mock exam questions were an invaluable part of my preparation for taking J01, J02 and AF1 together. Getting as much practice as possible at answering questions is one key to passing these exams. I was delighted to get the hat-trick and pass all 3. Many thanks to Brand Financial Training for helping me get there." Andrew Macintyre, Investment Sales Manager, Legal & General Investment Management |
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Success Webinars Covering the exam learning outcomes, these modular webinar series give you 24/7 online access and includes handouts, MP3 audios, study plan, cross-references with CII study text and our resources, plus more. These are from the relevant R0 Diploma level exams which will assist you in your studies for your AF exams. |
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Calculation Workbooks Focussing on the calculations within the exam, our calcluation workbooks set questions and provide full step-by-step answers. These are from the relevant J0 and R0 Diploma level exams which will assist you in your studies for your AF exams. |
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Study Notes Consider our study notes your condensed and more focussed take on the CII's exam syllabus and learning outcomes. Our study notes put the exam syllabus into a sensible order, and eliminates any 'padding'. These are from the relevant J0 and R0 Diploma level exams which will assist you in your studies for your AF exams. |
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Our 'Pass Exams Easily' kit written by Genius Material shows you - step by step - exactly how to revise so that you retain 80% and more, by spending less time studying. It includes ebook, video and audio MP3. Suitable for all exams. |
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