From one of your classmates ETF Assignment (edited): XIG iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) This passive ETF is focused on U.S. long-term investment grade corporate bonds (BBB rating or higher), and it is diversified with over 1000 bonds. It is CAD-Hedged, which will decrease the volatility of foreign exchange risk. In addition, the return of this ETF is high (6.5% annual average 5-year return), and I believe that 3 of the 4 top sectors of the ETF, specifically Consumer non-cyclical, Communications, and Technology. will have strong performances during the economic recovery. For these four reasons: 1. credit rating 2. diversification, 3. historical return, and 4. future earnings prospects of the companies, this ETF is an excellent choice for my portfolio. With reference to your client for the ETF Assignment, do you agree or disagree with each of the four reasons provided for selecting this ETF? (6 marks) b) Over the past month (March 1 to April 1, 2022), the S&P 500 has gone up 4.7% and the SDS ETF (2X Bear ETF) has declined by 12.6%. Please explain this to your friend who has not yet taken 4501. (Yes, the numbers are exactly correct.) (2 marks) c) VUN - Vanguard U.S. Total Market Index ETF seeks to track, to the extent reasonably possible the performance of a broad U.S. equity index. Since this ETF trades on the TSX in Canadian dollars, the ETF is currency-hedged for Canadian investors. Is this hedging statement true or false and why? (2 marks)