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QUESTION 4 - This question has THREE parts (a), (b), and (c). Sally has just inherited $200,000 and she wishes to invest in a manage

image text in transcribed QUESTION 4 - This question has THREE parts (a), (b), and (c). Sally has just inherited $200,000 and she wishes to invest in a manage fund or a combination of managed funds. Sally earns a good income, owns her own home and is able to save. She classifies herself as a moderately aggressive investor. You have identified three managed funds: - Larry Fund which is an active growth manager fund. - Curly Fund which is an active value manager fund. - Mo Fund which is a passive manager fund. Q4 Part (a) Explain to Sally the difference in each fund manager style. Record your answer to Q4 Part (a) here: Q4 Part (b) Advise Sally on which type of fund or which combination of funds might suit her investment needs

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