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Sonya, a mutual fund manager for Drake Financial has had a stellar year in managing their Canadian equity portfolio and has outperformed the benchmark by

Sonya, a mutual fund manager for Drake Financial has had a stellar year in managing their Canadian equity portfolio and has outperformed the benchmark by over 200 basis points. She is now concerned that within the last couple of months of this calendar year that the Canadian equity market is due for a 10 to 15% pullback. Which investment strategy would be most appropriate for her to implement for the last couple of months of the year to offset the market correction?
a. Reduce her equity exposure to the energy sector.
b. Buy put options on the iShares S&P/TSX 60 Index Fund.
c. Buy call options on the iShares S&P/TSX 60 Index Fund.
d. Increase her equity exposure to the consumer staples sector.
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