Susan's father wishes to invest in the Targa Fund, which has performed well over five years. You arrange an appointment with him. He supplies you the details below. He is worried about the future risk and volatility of share returns in the fund. He tells you the fund requires a minimum investment of $1 000 and an ongoing fee of 3.1%. How would you advise Susan's father about this investment and what he should monitor if he were to invest in this fund? (250 words) (Total 6 marks) Fund 1 Yr % 3 Yr % 5 Yr % PA PA Targa Fund 39.0 32.6 31.2 S&P/ASX 200 Accumulation Index 23.7 23.4 21.3 Top 10 Stocks % Sectors the Fund is invested in % BHP Billiton (BHP) 16.64 Financial services 31 Rio Tinto (RIO) 10.30 Materials 28 ANZ Bank (ANZ) 6.57 Industrials 9 ASX Limited (ASX) 5.87 Healthcare 9 Commonwealth Bank (CBA) 5.15 Consumer discretionary 7 QBE Insurance Group (QBE) 4.56 Consumer staples 50 Wesfarmers (WES) 4.04 Cash CSL (CSL) 3.78 Energy 4 3 AGL (AGK) 3.59 IT 2 Telstra 3.35 Telecommunications 2