In the tables below we present the allocation of model portfolios as voted by our investment committee in December 2022.
Tactical (1 month horizon)
Asset Class | Low | Medium | High |
Cash | 31.7 | 13.3 | 6.7 |
Fixed-Income | 45.0 | 40.0 | 26.7 |
Sovereign | 28.3 | 21.7 | 8.3 |
Investment Grade | 15.0 | 16.7 | 16.7 |
High Yield | 1.7 | 1.7 | 1.7 |
Equities | 13.3 | 25.0 | 31.7 |
North America | 13.3 | 18.3 | 21.7 |
Europe | 0.0 | 6.7 | 8.3 |
Other | 0.0 | 0.0 | 1.7 |
Commodities | 5.0 | 6.7 | 8.3 |
Alternatives | 5.0 | 15.0 | 26.7 |
Total | 100 | 100 | 100 |
Core (6 month horizon)
Asset Class | Low | Medium | High |
Cash | 53.3 | 28.3 | 11.7 |
Fixed-Income | 26.7 | 25.0 | 20.0 |
Sovereign | 20.0 | 16.7 | 11.7 |
Investment Grade | 5.0 | 8.3 | 8.3 |
High Yield | 1.7 | 0.0 | 0.0 |
Equities | 10.0 | 28.3 | 40.0 |
North America | 10.0 | 21.7 | 26.7 |
Europe | 0.0 | 6.7 | 11.7 |
Other | 0.0 | 0.0 | 1.7 |
Commodities | 5.0 | 8.3 | 11.7 |
Alternatives | 5.0 | 10.0 | 16.7 |
Total | 100 | 100 | 100 |
You can read more about the Investment Committee below: