Asset Allocation

Medium Risk Portfolio

Achieving potential growth with some fluctuations.

For investors seeking to strike a balance between risk and return. For a balanced portfolio in 2016, we see more value in US and Asia Pacific ex-Japan equities over Europe and Japan. But regional and country performance differences are likely to shift, with developed markets showing more weakness in the latter part of the year than already battered AxJ and Emerging Market equities. We also see more value in developed market government bonds over corporate and emerging-market bonds.

Please refer to the Useful Links below for Disclaimer.

 Tactical Asset Allocation
Equities58.50%
US18.00%
Europe11.00%
Japan12.50%
Asia Pacific ex Japan11.00%
Emerging Markets ex Asia6.00%
Fixed Income26.50%
Developed Markets (DM)
22.00%
DM Government Bonds11.00%
DM Corporate Bonds11.00%
Emerging Markets (EM)
4.50%
Alternatives4.00%
Commodity1.00%
Gold0.50%
Hedge Funds2.50%
Cash11.00%

 

Tactical Asset Allocation

Asset Class3-Month Basis12-Month Basis
EquitiesOverweightOverweight
US EquitiesOverweightNeutral
Europe EquitiesNeutral
Neutral
Japan EquitiesOverweightOverweight
Asia Pacific ex-Japan (APxJ) EquitiesUnderweight
Neutral
Emerging Market (EM) EquitiesUnderweight
Neutral
BondsUnderweightUnderweight
Developed Markets (DM) Bonds
UnderweightUnderweight
DM Government BondsUnderweightUnderweight
DM Corporate BondsNeutral
Neutral
Emerging Markets (EM) Bonds
Underweight
Neutral
AlternativesUnderweightOverweight
CommoditiesNeutral
Overweight
GoldUnderweightNeutral
Hedge FundsUnderweightNeutral
CashNeutralNeutral

Source: DBS CIO Office, Morningstar Investment Management Asia Limited, as of 13 January 2017

Remarks:

  1. Asset allocation does not ensure a profit or protect against market loss.
  2. Percentages denote actual tactical asset allocation weights for a 3-month time horizon.
Get In Touch

Call Us: (852) 3668 8008

Get In Touch

Call Us: (852) 3668 8008

How would you rate your DBS website experience?

Thank you! We appreciate your feedback.

Please tell us more (Optional)

500

Which aspects of the DBS website experience can be improved further?

Please tell us more (Optional)

500
I agree to Terms & Conditions