Model Portfolios (weights) – October 2022

In the tables below we present the allocation of model portfolios as voted by our investment committee in October 2022.

Tactical (1 month horizon)

Asset Class	Low	Medium	High
Cash	41.7	18.3	8.3
Fixed-Income	36.7	35.0	25.0
Sovereign	28.3	21.7	10.0
Investment Grade	6.7	11.7	13.3
High Yield	1.7	1.7	1.7
Equities	11.7	25.0	31.7
North America	11.7	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