Question 4 (5 marks) Use the table below and the fund factsheet (Adviceworx Old Mutual Inflation Plus 5- 7% fund of funds) provided in the Annexure to answer this question. Complete the following table by copying the question number from the table and supplying the required answer next to it. The Association for Savings and 4.1 (1) Investments South Africa (ASISA) classification The investment objective 4.2 (1) The typical investor risk profile 4.3 Who is the investment fund manager(s) of 4.4 the local cash allocation in the investment portfolio?9mm (20 mark5) Read the scenario below and answer the questions that follow. Your client, aged 29, works as a practice manager for a corporate company. She has a ve-year-old daughter and is unmarried. She earns a fixed monthly salary and covers all expenses, with a little bit left over each month to save. Her marginal tax rate is 35% per annum. She currently belongs to the company's group benefits and is contributing towards a retirement fund. Every five years, the company shares profit with identified employees. For the first time since being employed there, she has received a prot allocation in the form of a R350 000 lump sum from her company. She wants to save a portion of the funds specifically for a trip abroad, which she will most likely do with her daughter in eight yea rs' time. However, she first wants to ensure that she has money set aside for emergencies. She is not sure how much she will need for this. She also wants to buy a home in two years\" time and would like to save for a deposit. She will need around R100 000 for this. Additionally, she would like to start saving for her five-year-old daughter's college education, which she assumes will be R30 000 per year for a three-year course. She has indicated that she wants to use a tax-friendly approach for this goal. Your client feels that she cannot afford to take risks with the lump sum she received, as she has set investment objectives to consider over the next five to 10 years. 3.1 Identify in which life stage the client is. Motivate your answer. (2) 3.2 Identify the client's investment and savings objectives. (4) 3.3 Your client has identified her short- and long-term goals. Recommend four (4) financial products that your client should consider in order to meet her investment and savings objectives. Provide one (1) nancial product per goal mentioned. (4) 3.4 With reference to the financial products you recommended in Question 3.3, use the table below to outline the suitability of the products, specifically in terms of the risk and liquidity related to typical underlying investment fund(s)/asset allocation of these financial products. (8) Financial Risk related to the Liquidity related to the product underlying investment underlying investment recommended (asset) allocation of the (asset) allocation of the in Question 3.4 financial product financial product recommended recommended 3.5.1 (1) 3.5.2 (1) 3.5.3 (1) 3.5.4 (1) 3.5.5 (1) 3.5.6 (1) 3.5.7 (1) 3.5.8 (1) 3.5 You have advised the client that a retirement annuity will not be suitable for her investment objectives for her daughter. Provide two (2) reasons why a retirement annuity would not be suitable, based on the facts of the scenario. (2)