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1. Choose 3 funds (mutual funds or ETFs) from any three different asset classes. Please provide a 2-3 sentence description of the fund. The fund description should at least include the ticker symbol, types of securities in the fund (perhaps a breakdown by security-type, if applicable), top fund holdings, and return performance (YTD and last 5 years or last 10 years). You are free to provide other information such as the objective of the fund, fund fees, etc.

2. Based on your outlook of each asset class over the next 3-5 years, explain how you would allocate a 35-year old client's wealth across the funds you chose. For your outlook, provide some research and/or analysis you have done (you may research on the internet but please provide your sources) and do so within the context of the systematic risk factors discussed in the lecture videos. In other words, explain how specific systematic risk factors might affect the underlying securities in the funds you chose to invest in over the next 3-5 years.

3. How and why might your suggested allocation change if your client is 65-years old?

4. What is the return correlation between each of 3 funds you chose? (There are tutorial videos in the modules that might be helpful in computing return correlations.) What implications do the correlations have for your client's portfolio?

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