Pascal has completed a review of Tsai’s investments and notices that he is concentrated in equity Segregated Funds. Pascal determines that Tsai does not have funds that are invested in any of the other asset classes. What must Pascal do in order to determine whether Tsai should be invested in the other asset classes? 

a) survey market conditions and diversify based on the results 

b) reduce risk by allocating a portion to low-risk money market 

c) compare the equity fund against other equity funds 

d) work through the elements of the investor profile