Describe, and defend your selections of Capital Markets Securities investment categories that would be suitable given the policy parameters and constraints of your directives.

My selection of capital markets securities that would be suitable given the policy parameters and constraints of my directives includes stocks, bonds, exchange-traded funds (ETFs), and real estate investment trusts (REITs). Stocks are an attractive option because they offer potential for long-term growth as well as dividend payments which can provide a steady stream of income. Bonds are another good choice due to their lower risk profile and ability to generate interest payments on a regular basis.

ETFs also offer diversification benefits which can help spread out risks across multiple sectors or asset classes so any losses in one area can be offset by gains elsewhere. Finally, REITs allow investors to gain exposure to real estate without having to own physical property directly, offering an additional layer of diversification while still providing some upside potential. All of these investments meet the requirements outlined in my directive while also providing the potential for growth over time which is why I believe they are all suitable options.