Create a suitable mutual fund portfolio

Assignment Help Risk Management
Reference no: EM13501709

This client, Mrs. Radcliffe, is recently retired and has $800,000 in her RRIF which is invested in redeemable term deposits. She is currently 72 years of age and expects to live to at least age 90. Her risk tolerance is low to moderate and her investment knowledge is low.

Required:

1. Create a suitable mutual fund portfolio for Mrs. Radcliffe with at least four different mutual fund recommendations.

2. How much income is she required to withdraw from the plan at age 72?

3. If she wants to preserve the value of the RRIF as much as possible for her beneficiary how would you structure the investments so that her income needs are also met but within the context of creating a portfolio that is low to moderate risk tolerance.

Reference no: EM13501709

Questions Cloud

How much force must chuck apply to push the hatch open : The air in the interior of the submarine is at 1 atmosphere pressure. Chuck tries to push the hatch open, How much force must Chuck apply to push the hatch open
Calculate the total magnification : The eyepiece of a compound microscope has a focal length of 3.10 cm, and the objective lens has f = 0.730 cm. Calculate the total magnification
How far apart are the stars : Two stars 19 light-years away are barely resolved by a 165 cm (mirror diameter) telescope. How far apart are the stars
State boiling point elevation of an aqueous sucrose solution : The boiling point elevation of an aqueous sucrose solution is found to be 0.39*C. what mass of sucrose molar mass 342.30 g/mol would be needed to dissolve in 500.0g of water? Kb (water) = 0.512*C/m
Create a suitable mutual fund portfolio : Create a suitable mutual fund portfolio for Mrs. Radcliffe with at least four different mutual fund recommendations and how much income is she required to withdraw from the plan at age 72?
What is the atomic number of this atom : An electron drops from the {\rm L} shell to the {\rm K} shell and gives off an X-ray with a wavelength of 0.0205 {\rm nm}. What is the atomic number of this atom
Find out the boiling point of a solution that contains : Determine the boiling point of a solution that contains 78.8g of napthalene c10h8 molar mass 128.16 g/mol dissolve in 722 mL of benzene (d = 0.877 g/mol. pure benzene has a boiling point of 80.1*C and a boiling point elevation constant of 2.53*C/m
Compute the coefficient of volume expansion of the liquid : An aluminum can is filled to the brim with a liquid. The can and the liquid are heated so their temperatures change by the same amount. What is the coefficient of volume expansion of the liquid
Determine the future value at this resp : Determine the future value at this RESP at Roland's age 17 and create a mutual fund portfolio with at least two different funds that is consistent with a growth objective and a long term investment horizon.

Reviews

Write a Review

 

Risk Management Questions & Answers

  Decide upon an initiative you want to implement that would

decide upon an initiative you want to implement that would increase sales over the next five years for example market

  How might a project manager assess the risk of things going

How might a project manager assess the risk of things going wrong and take that into consideration of the time needed to complete a project?

  Discuss the risk management process

Discuss the risk management process, as it applies to the firm and identify loss types for pure risks, and for damage to assets.  Discuss direct and indirect losses.

  Describe the major risk factors of the disease

Select one chronic disease such as diabetes. Assume that you are working for a county public health department with staff nurses and physicians. You want to run a prevention program for this disease that focuses on one risk factor.

  Correlation between futures price and the commodity price

The correlation between futures price and the commodity price is 0.9. What hedge ratio should be uses when hedging a one month exposure to the price of commodity A?

  An investor in the 28 percent tax bracket is trying to

an investor in the 28 percent tax bracket is trying to decide which of two bonds to purchase. one is a corporate bond

  1 examine the nature of risk within a firm through losses

1. examine the nature of risk within a firm through losses and opportunities with a focus on the mitigation of risk2.

  Irr and npv approaches valley corporation is attempting to

irr and npv approaches valley corporation is attempting to select the best of a group of independent projects competing

  What is taught to accounting and finance students

What might be some of the alternative measures of performance and would Collison's comments provide a justification for moves towards profit measures that incorporate 'full costs'

  How much was the firms earnings before taxes ebt

How much was the firm's earnings before taxes EBT and what was Ramco's operating income, or EBIT (a.k.a. "Operating income"), in millions

  Discuss a current global risk management issue

Discuss a current global risk management issue, which can be a financial or non-financial realted issue. The suggested lenght is 500-750 words.

  Two questions1find an example when an organisation took up

two questions1find an example when an organisation took up too much risk and was unable to cope with it. give a short

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd