Assume you are working in an investment company as an investment advisor. You have a new individual investor ( called Kim) who wants to invest in financial securities.

Kim is 45 years old, married with 3 kids (all in school), works as a marketing manager in an international pharmaceutical company and lives in a big apartment with his family in New York City. Kim is a new investor who is looking for a long-term investment horizon and aiming income gain from his investment. Kim is a risk-averse investor, who does not like to take a high risk when investing, with very limited investment

Knowledge, so he needs your advice regarding which type of mutual funds he should invest in.

A) According to Kim's demographic factors and investment aim, would you advise him to invest in a specific financial security (as individual bonds and stocks) or invest in a mutual fund? (Why explain your answer )

B) If you decide to invest in a mutual fund, what type of the following mutual funds (money market fund, fixed income fund, balanced fund, equity fund, index fund, or global fund) would you select to invest in for Kim and why? (Explain)

(Hint: select One type of mutual funds that is most suitable for Kim's demographic factors, investment aim, and investment horizon).

C) Analytically Explain in details why you have selected this specific type of mutual fund for Kim? (Consider the risk and return of the selected fund and the current economic situation).

D) Explain the financial securities that are included in the selected mutual fund?