Question 24 (12 marks) Two types of funds are listed below. For EACH, identify and briefly describe the following: Two main objectives (you are expected to identify the more important ones) The nature of risk, as it relates to these two objectives Any useful statistical measures to help gauge these risks (a) Defined benefit pension fund (6 marks; will be marked on the overall response) 1 ! 9 (b) Equity mutual fund (6 marks; will be marked on the overall response) 7 B I