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You have accepted a job with RBC Wealth Management as a Financial Advisor. A 40 year...

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Finance

You have accepted a job with RBC Wealth Management as aFinancial Advisor. A 40 year old client has asked you to build hera mutual fund portfolio for her RRSP. You agree on a 40% Fixedincome and 60% equity allocation.
Select RBC mutual fund solutions and explain yourrationale.

Answer & Explanation Solved by verified expert
4.2 Ratings (951 Votes)
The general thumb rule in personal finance is to invest proportion equivalent to your age in fixed income bond funds and the proportion equivalent to 100 your age in equity Since the    See Answer
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You have accepted a job with RBC Wealth Management as aFinancial Advisor. A 40 year old client has asked you to build hera mutual fund portfolio for her RRSP. You agree on a 40% Fixedincome and 60% equity allocation.Select RBC mutual fund solutions and explain yourrationale.

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