ou and your team members are researchers at a brokerage firm in Toronto. You have beentasked with analyzing the banking sector in Canada and to prepare a document to send to clients aboutthe three top performing banks that you would recommend that clients hold in their portfolios and why.Specifically, management has asked you to review the performance of the big six banks in Canada. Youare then to recommend which three banks you would recommend be held in client accounts for thatpart of their overall portfolio that would be invested in the Canadian banking sector. Explain yourreasoning and rationale for your recommendations. Assume that each client has $100,000 to invest inthe banking sector and that their time horizon is five years and that Canadian banks adhere to the risktolerance limits of each client.