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One year ago, you provide advice to a new client recommending that they invest into a diversied portfolio ofAustralian equities. This advice is appropriate for

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One year ago, you provide advice to a new client recommending that they invest into a diversied portfolio ofAustralian equities. This advice is appropriate for the client based on their circumstances, goals and risk tolerance however the client now comes to you concerned because the value of the shares is less than it was. You review the investments and determine the fall is due to systematic risk. What would you discuss with the client regarding their investment? Should they sell the investment? (4 marks)

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