PLZ PLZ HELP ASAP

Asif and Zeenat have lived and worked in the UK for the past 2 years. They have returned home to Melbourne, after a very successful working project in the UK and have been fortunate in securing full-time employment in Melbourne. They are looking to start a family and have decided that each of them will invest in separate managed funds in their single names. They have different risk profiles (Asif is conservative; Zeenat is focused on high growth) and are investing for the long-term with the focus on building up their wealth to set themselves up for retirement. The strategic approaches of two managed funds are shown below:

REQUIRED:

1. a) Briefly describe two (2) characteristics of each fund. In your answer include a brief discussion relating to risk and return, including the characteristics of the 4 asset classes.

2. b) Briefly describe in which of the funds, Asif and Zeenat, would be likely to invest, and what type of returns they would be seeking to achieve.

3. c) Which fund is likely to perform better in the current COVID-19 recession that causes high levels of volatility in global markets? What is the reason for this difference in performance?

Asset Cash Fixed Interest Australian Equities International Equities Infrastructure Private Equity Property Total Fund EEZEE (%) Fund ZAPPA (%) 5% 36% 14% 29% 30% 10% 25% 8% 5% 10% 5% 2% 16% 5% 100% 100%