1. Which of the following statements relating to a funds investment policy statement is correct? a. The profitability of the assets of a fund is a key factor that should inform its investment policy statement. b. A fund should reflect in its investment policy statement how its general investment philosophy and objectives seek to ensure the sustainability of its assets. c. A funds investment policy statement should include how the fund intends to monitor and evaluate the ongoing sustainability of the asset which it owns and which it is intending to acquire, including the extent to which BEE factors have been considered by the fund. d. All of the above. e. None of the above