Create a suitable mutual fund portfolio

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.

User Account

All Pages