Question 1 1.5 pts The reasons for creating a Strategic Asset Allocation for retail investors based on allocating risk rather than on allocating returns include all of the following, except: Risk Parity based SAA are better diversified than equal $ allocated SAA. Creating an SAA based on optimising returns against risk may not allocate to investments that are important in a portfolio Historical returns of each asset in the portfolio is not a good predictor of future returns of each asset in the portfolio Historical volatility is a good measure/predictor of future volatility of each asset in the portfolio Retail investors better understand their desired level of volatility rather than their desired required returns