ason Hanks and Linda Wells, executives of Sunbeam, have recently been appointed Trustees of Sunbeam, with responsibility for guiding and managing Sunbeam's investing activities. Shortly after their appointment, the Sunbeam Foundation has made the $6 million new facility payment for the Health Centre. Jason Hanks and Linda Wells are considering the most appropriate asset allocation and investment selection for the Sunbeam portfolio, given Sunbeam's investment objectives and constraints. Your group has been hired to conduct research, make recommendation and submit a written report to Jason and Linda for the Sunbeam portfolio. In the report, your group needs to address the following issues: 1. Discuss the overall characteristics of the foundation structure in Canada that are relevant to Sunbeam Foundation. 2. Discuss the risk objective for Sunbeam Foundation, specially taking consideration of its willingness and abilities to take risk when carrying out investment activities. 3. Discuss the return objectives of investment for Sunbeam Foundation. Calculate and justify the rate of return that is required to achieve such objectives. 4. Discuss constrains of investment for Sunbeam Foundation, e.g., time horizon