Ace the Canadian Securities Course 2025 - Rock the CSC Practice Exam!

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Which type of firms include pension funds, mutual funds, and insurance companies?

Back office

Institutional firms

Institutional firms are a type of firm that typically include pension funds, mutual funds, and insurance companies as part of their investment portfolios. This is because these firms have a large amount of money to invest and are able to diversify their investments across different asset classes, such as stocks, bonds, and real estate. The other options, including back office, Schedule III banks, and trust companies, do not typically manage investments on behalf of others and are therefore not considered institutional firms.

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Schedule III banks

Trust company

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