Question 4 a) Due to the various good features of mutual funds, the size of mutual fund industry has been growing substantially in recent years, serving the purposes of investment needs of many. However, it may not be the best option for all investors. From the perspective of a retail investor, what could possibly prevent you from putting your money in these mutual funds available in the market? Discuss in brief. (12 marks) b) Briefly differentiate the growth investing and value investing styles based on your understanding. Which style do you prefer in your own fund investment decision making? Provide your opinions and justifications. (13 marks) (Total: 25 marks)