(a) An investor has asked you about indirect investment such as Managed Funds. Prepare a list of the Costs and Benefits of investing in indirect investments. Your list should include at least 5 costs and 5 benefits.

(b) Anotherinvestor has asked you about direct investment and in particular Real Estate Property. Prepare a list comparing the advantages and disadvantages of investing in Real Estate Property. Your list should include at least 5 advantages and 5 disadvantages.