In the tables below we present the allocation of model portfolios as voted by our Investment Committee in February 2024.
Tactical (1 month horizon)
Asset Class | Low | Medium | High |
Cash | 31.0 | 20.0 | 6.7 |
Fixed Income | 57.3 | 50.0 | 45.0 |
Sovereign | 34.3 | 18.3 | 13.3 |
Investment Grade | 21.0 | 23.3 | 21.7 |
High Yield | 2.0 | 8.3 | 10.0 |
Equities | 6.7 | 16.7 | 25.0 |
Developed | 5.0 | 11.7 | 18.3 |
Emerging | 1.7 | 5.0 | 6.7 |
Commodities | 0.0 | 3.3 | 5.0 |
Alternatives | 5.0 | 10.0 | 18.3 |
Total | 100 | 100 | 100 |
Core (6 month horizon)
Asset Class | Low | Medium | High |
Cash | 31.0 | 20.0 | 6.7 |
Fixed-Income | 52.3 | 45.0 | 40.0 |
Sovereign | 31.0 | 15.0 | 10.0 |
Investment Grade | 19.3 | 21.7 | 20.0 |
High Yield | 2.0 | 8.3 | 10.0 |
Equities | 11.7 | 21.7 | 30.0 |
Developed | 10.0 | 16.7 | 23.3 |
Emerging | 1.7 | 5.0 | 6.7 |
Commodities | 0.0 | 3.3 | 5.0 |
Alternatives | 5.0 | 10.0 | 18.3 |
Total | 100 | 100 | 100 |
Investment Grid
Asset Class | Low | Medium | High |
Cash | = | = | = |
Fixed-Income | + | + | + |
Sovereign | + | + | + |
Investment Grade | + | + | + |
High Yield | = | = | = |
Equities | - | - | - |
Developed | - | - | - |
Emerging | = | = | = |
Commodities | = | = | = |
Alternative Investments | = | = | = |
You can read more about the Investment Committee below: