Imagine you are a financial advisor. Would you endorse this strategy in your client's portfolios? How much of your client's mutual fund allocation would you invest in concentrated strategy types? Discuss what you believe the greatest risks would be to your clients and compare those risks with the potential benefits. Do you believe the adoption of strategies such as concentrated investing will be enough to improve returns and reverse investors' sentiment back towards active mutual funds? Do you think investors are enticed by the prospects of outperformance compared with the certainty of the benchmark return? In your opinion, by what percentage would actively be managed mutual funds need to outperform passive investing, on average, for investors to be willing to take the risk of allocating the majority of their capital to actively managed mutual funds? You should upload your WORD document here (formatted with 1 margins, 12 Times New Roman font) using APA formatting. Your paper should be between 3 and 4 pages, not including title page or reference page.