Some things to think about as you analyze the case:
1. Assess the Western Investment Club’s (WIC’s) current strategy
2. How has WIC performed in the past
3. What are the constraints and limitations that the club has versus a “typical” fund
4. Why would a fund want to have an asset allocation policy
5. Think about market and firm risk—how has the club done in educating members on risk
6. How would WIC have performed differently if they had had a different asset allocation policy
7. Please do not spend any time describing how you did the calculations; only focus on the analysis
8. Finally, remember that there are other issues that Keren is concerned about so be sure to address those as well