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IFSE Institute Canadian Investment Funds Course Exam CIFC Question # 4 Topic 1 Discussion

IFSE Institute Canadian Investment Funds Course Exam CIFC Question # 4 Topic 1 Discussion

CIFC Exam Topic 1 Question 4 Discussion:
Question #: 4
Topic #: 1

Maureen is 65 years old and will be retiring soon. She has a modest portfolio of mutual funds that focus on growth. As she approaches retirement, Maureen wants to switch to investments that provide steady income with low to medium risk.

Given Maureen’s wishes, which of the following mutual funds would be suitable for her?


A.

money market funds, mortgage funds, bond funds


B.

money market funds. Canadian dividend funds, sector funds


C.

Canadian dividend funds, global equity index funds, bond funds


D.

money market funds, global equity funds, bond funds


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