Given a Growth Mutual Fund, California Municipal Bond

1. Given a Growth Mutual Fund, California Municipal Bond, Dividend Paying Stock of a large diversified multinational company and one other investment related product of any kind that can be freely chosen at the author’s discretion, give a summary of specific clients for whom the investment may be appropriate as well as those for whom it may potentially be inappropriate. The successful submission will clearly and concisely explain in plain language the reasons why each of the four investments discussed may individually suit a particular type of client or not. (Address each alone; they are not to be evaluated together as an overall portfolio.) The optional investment should not closely resemble any of the three already provided.

2. Research an index fund and compare the costs (management fees, loads, etc) to the costs of an actively managed fund in the same space. The successful submission will state the differences in active and passively managed funds from a cost standpoint and make an informed assessment of the degree to which the additional costs are or are not justified.

Only 250 words per question.