One of your clients has seen the value of the aggressive growth fund in her portfolio fall by over 70%. Which one of these actions might be appropriate for her IAR?
A) stay in this fund hoping for a recovery.
B) take advantage of the drop in value by purchasing additional shares at this lower price.
C) switch to a more conservative fund in the same fund family.
D) switch to a money market fund in the same fund family.
Answer: C) switch to a more conservative fund in the same fund family.