- 20 Marks
MCB-F&I – OCT 2022 – L4 – Q5 – Investment Strategy for Property Purchase
Questions to ask before developing investment strategy for Naa Kwarley Quartey's funds from land sale, and recommended investment type with reasons.
Question
Naa Kwarley Quartey resides in the UK and she intends to buy a property in Ghana towards her
retirement. Meanwhile, whilst searching for the property to buy, she sold her land at Oyarifa to
finance this new housing project. Naa Kwarley specifically instructed you as the Advisor that the
proceeds from the sale of the land would be used to pay for the new housing project.
Required:
(a) In accepting the mandate to manage the funds, what questions will you ask prior to developing your investment strategy?(10marks)
(b) In your opinion, what type of investment would you recommend for Naa Kwarley and why? (10 marks)
(Total: 20 marks)
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