The document provides an analysis of investment options and recommendations for managing the portfolio of clients Mr. and Mrs. Johnson who have $7.9 million in inheritance and $200,000 in savings. It considers their objectives of high returns, risk tolerance, constraints, conducts market expectations and risk analyses, and proposes conservative and high risk asset allocations targeting returns of 9.27% and 13.96% respectively.

1. PORTFOLIO MANAGEMENT Managing Individual Investor Portfolio By Shoaib Chatta

23. Asset Allocation Medium Risk (Selected portfolio) Asset Return MR Return Std Dev MR Risk High Yield Bonds 14 12% 1.68% 10.00% 1.40% Corporate Bonds 10 7% 0.68% 5% 0.50% Technology Stocks 11 16.80% 1.85% 16% 1.76% Healthcare 14 4.80% 0.67% 10% 1.40% Mid cap 12 7.43% 0.89% 12.25 0.75% Small cap 9 8.80% 0.79% 18% 1.62% HFRI EH: Sector - Energy/Basic Materials Index 10 13.00% 1.30% 12.05% 1.21% HFRI ED: Distressed/Restructuring Index 7 12.00% 0.84% 6.51% 0.46% HFRI ED: Merger Arbitrage Index 8 11.00% 0.88% 1.80% 0.14% MSCI Emerging Markets EM Index 3 15.00% 0.45% 28.00% 0.84% MSCI Brazil Index 0 19.00% 0.00% 40.19% 0.00% MSCI South Korea Index Fund 0 18.00% 0.00% 39.00% 0.00% MSCI South Africa Index 2 15.00% 0.30% 30.17% 0.60% Total 10.33% 9.20%

24. [C] Conservative Portfolio and [HR] High Risk Portfolio Asset C weights C return C Risk HR Weights HR Return HR Risk High Yield Bonds 10% 1.20% 1.00% 10% 1.20% 1.00% Corporate Bonds 35% 2.380% 1.75% 5% 0.34% 0.25% Technology Stocks 5% 0.8400% 0.80% 30% 5.04% 4.80% Healthcare 12% 0.5760% 1.20% Mid cap 10% 0.74% 0.015 Small cap 5% 0.44% 0.90% HFRI EH: Sector - Energy/Basic Materials Index 0.00% 10% 1.30% 1.21% HFRI ED: Distressed/Restructuring Index 9% 1.0800% 0.59% 5% 0.60% 0.33% HFRI ED: Merger Arbitrage Index 29% 3.1900% 0.52% 0.00% MSCI Emerging Markets EM Index 10% 1.50% 2.80% MSCI Brazil Index 10% 1.90% 4.02% MSCI South Korea Index Fund 5% 0.90% 1.95% MSCI South Africa Index Total 9.27% 5.86% 13.96% 18.75%

25. Performance January 1 2010 – March 31 2010 Asset Actual Return High Yield Bonds 7% Corporate Bonds 5% Technology Stocks 5.8% Healthcare 1.24% Mid cap 8.9% Small cap 7.5% HFRI EH: Sector - Energy/Basic Materials Index 1.86% HFRI ED: Distressed/Restructuring Index 5.70% HFRI ED: Merger Arbitrage Index 1.86% MSCI Emerging Markets EM Index 2.40% MSCI Brazil Index -0.12% MSCI South Korea Index Fund 3.75% MSCI South Africa Index 4.57% Total 4.97%