August 2023 Asset Allocation Update For Risk-Managed Portfolios
Adjustments can vary across strategies depending on each strategy's objectives. What's illustrated above most closely reflects allocation adjustments for the Growth Strategy.
U.S. Equities
International Equities
Overall exposure will not change. Foreign developed equities continue to experience uptrends across both timeframes, but the asset class will return to baseline allocation due to returning a portion to emerging markets, which are experiencing uptrends across both timeframes for the first time in more than 18 months.
Real Estate
Exposure will increase, as the asset class now has an intermediate-term uptrend. The long-term trend remains negative.
U.S. & International Treasuries
Exposure will increase slightly but remain underweight. International bonds picked up an intermediate-term uptrend, but all other segments and trends remain negative.
Inflation-Protected Bonds
Exposure will not change and is at its minimum allocation due to downtrends across both timeframes.
Alternatives
Exposure will increase to baseline allocation due to the emergence of an intermediate-term uptrend.
Short-Term Fixed Income
Exposure will decrease, as it is handed back to other strengthening segments.
Asset Allocation CEO Update
Jump To: ESG Strategy Summary
View Archive: Asset Allocation Updates
Let's Talk
If you'd like additional details about current asset allocation for a particular risk-managed strategy