Given Alex's goal and investment style, which fund of funds (FOF) mix could he consider?

The choice of a fund of funds (FOF) mix is best reflected in the combination of asset classes that balance risk and growth potential according to investment goals. The selected mix of 20% bond fund, 40% Canadian equity fund, and 40% international equity fund showcases a diversified approach.

Firstly, this allocation provides a reasonable level of fixed income exposure with the bond fund, which can help stabilize the portfolio and offer income, particularly in uncertain market conditions. The 40% allocation to Canadian equity reflects a focus on local market growth, capturing potential appreciation in domestic companies. Additionally, the same percentage allocation to international equity adds further diversification by exposing the portfolio to global market opportunities and potential growth outside of Canada.

This mix is suitable for investors who seek a balanced approach, allowing for significant growth while also managing risk through the inclusion of bonds. It aligns well with the strategy of achieving capital appreciation over the long term while protecting against market downturns through fixed income investments.

In contrast, other mixes either over-allocate to bonds, potentially sacrificing growth, or lean too heavily towards equities, which can increase volatility and risk. Therefore, the selected allocation strikes a commendable balance suitable for an investor like Alex who may be looking for steady growth with some