Additional information to address in the paper includes:

1. Data presented in the form of numbers, graphs, and charts – utilize the Monte Carlo Illustration of Outflows;
2. A justification of each investment recommendations you will make to the client;
3. Support for your policy recommendation based on the principles of modern portfolio theory;
4. Core allocation percentage targets and ranges; and
5. Tactical allocation percentage ranges.

This paper should be a minimum of 500 words and supported with scholarly resources.