Sonya, a mutual fund manager for Drake Financial, has had a stellar year in managing...

Vendor: CSI
Product: IFC
Update on: Feb 8, 2026
Questions: 486

CSI IFC Question Answer

Sonya, a mutual fund manager for Drake Financial, has had a stellar year in managing their Canadian equity portfolio and has outperformed the benchmark by over 200 basis points. She is now concerned that within the last couple of months of this calendar year, the Canadian equity market is due for a 10 to 15% pullback. Which investment strategy would be most appropriate for her to implement for the last couple of months of the year to offset the market correction?

Buy put options on the iShares S&P/TSX 60 Index Fund

Buy call options on the iShares S&P/TSX 60 Index Fund

Increase her equity exposure to the consumer staples sector

Reduce her equity exposure to the energy sector