Mark is 75 years old and just retired. He has $1,000,000 in T-bills but he needs a gross income of $40,000 per year. He realizes this yield is not attainable at current GIC rates but he is afraid of losing her capital. Recommend a suitable portfolio for him that will generate the income he needs with low to medium risk. If using managed funds recommend at least four different funds. Make sure you explain why the investments you are recommending are suitable for her objective providing all relevant details.