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Manjeet wants you to review her investments. He has three different accounts at three different financial institutions. She has some investments at CIBC Investors Edge

Manjeet wants you to review her investments. He has three different accounts at three different financial institutions. She has some investments at CIBC Investors Edge and this money is invested in three different funds: $8,000 in the S&P TSX 300 Canadian Equity ETF, $10,000 in Government of Canada Bond and $3,000 in Asia Pacific Equity Mutual Fund. She has a $5,000 5-year non-redeemable GIC at BMO. Finally, she has $15,000 in Royal Bank of Canada shares and $10,000 in T-bills at TD Waterhouse. What is Manjeet's current asset allocation?

a.20% in Cash, 29% in Fixed Income and 51% in Equities

b.18% in Cash, 32% in Fixed Income and 50% in Equities

c.36% in Cash, 14% in Fixed Income and 50% in Equities

d.0% in Cash, 50% in Fixed Income and 50% in Equities

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