You are a mutual fund manager for a successful investment company. You have been approached by a retail investor to create an investment portfolio of SIX funds with an initial capital outlay of $500,000. The investor, although risk averse (safe investor), is aiming for a minimum return of 3.5% per annum. You are required to construct an appropriate portfolio from your own selection of funds (real ones) and to explain why you have chosen them. Diversification is preferred. Between Cash, bonds, shares, mutual funds and ETF funds. Funds can be found on most investment company websites (including Old Mutual, one of the largest) and can be sourced anywhere worldwide and using the following link: https://tools.finra.org/fund_analyzer/search