Questions 9 to 16 will be based on the following case study.

You work as a financial planner for the Eastpac Banking Corporation. A new client has come to and asked you to (a) give him tax advice for the 2021/22 financial year, and (b) set up an investment fund on his behalf. You interview the client and learn the following information about him.

He is in his late 20s.

He works as an actor, which means that sometimes he earns a good income but at other times goes through periods with little or no income. He wants to set up a plan whereby he can invest money for retirement during those times he is on a good income, but possibly rely on his investments for income when he is out of work.

He describes himself as a conservative investor, preferring to avoid undue risk.

He is a Vegan (i.e. avoids all food made from animals) and would like his investments to be consistent with his chosen lifestyle.

Indicate the proportion of this client's investments that you would allocate to each of the following asset classes:

Cash

Government bonds

Large Australian stocks

Small Australian stocks

International stocks