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Unformatted text preview: Defend your position. I believe we should decrease our cash position by a little less than half to 0.5% of the fund because I’m not a big believer in keeping cash because it gains no interest. With the 0.41% from the Cash we should invest in either Financials or Consumer Discretionary companies anticipating an economic upturn. I believe a market increase is inevitable over the next several years and there are many undervalued companies within Financials and Consumer Discretionary sectors to gain returns on instead of sitting on the cash. With the eventual upturn in the economy and the increase consumer buying power there will be an increase in both sectors....
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This note was uploaded on 03/01/2011 for the course MGT 3111 taught by Professor Carter during the Spring '11 term at LSU.
- Spring '11