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IFSE Institute Investments & Banking CIFC Question # 64 Topic 7 Discussion

CIFC Exam Topic 7 Question 64 Discussion:
Question #: 64
Topic #: 7

You are collecting know your client (KYC) information for your new client, Yael. She has recently accepted an early retirement package from her employer and has $100,000 to invest. She is looking for an investment that will provide income to help pay her ongoing monthly expenses. Without this extra income, she would have trouble paying her bills. From your discussions, Yael understands that markets fluctuate and says she is comfortable with high risk. Which of the following would be a suitable investment?


A.

global equity fund


B.

money market fund


C.

mortgage fund


D.

Canadian equity index fund


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