a. List and discuss two (2) differences between the Know Your Client Form and the Investment Policy Statement. (4 Marks) b. Managers can select stocks either from the sector level or at the individual stock level. What are the common names used for these two (2) strategies. (2 Marks) c. How would you know if your portfolio performed well in the year? List and discuss two (2) objective benchmarks that you would use as a measure of performance for the portfolio for the year. (4 Marks) d. List and discuss the two (2) re-balancing strategies commonly used by Investment Managers, as discussed in class. (2 Marks)