Required: This case study requires the preparation of an investment portfolio proposal document to be provided to the client, which should include the following information: A brief and informative summary of the current investment environment, both in Australia and internationally and linking with the client's requirements, and identification of any key economic or financial indicators or events impacting on the near-term investment environment. Presentation of the underlying investment philosophy and portfolio strategy proposed for the client, including consistency of alignment with the indicated requirements of the client. Explanation and justification for this strategy, individually or relative to alternatives, should be provided, which could include backtesting or other quantitative and qualitative analysis.