|Tactical Asset Allocation|
|Asia Pacific ex Japan||20.00%|
|Emerging Markets ex Asia||12.00%|
|Developed Markets (DM)||11.50%|
|DM Government Bonds||5.50%|
|DM Corporate Bonds||6.00%|
Emerging Markets (EM)
Source: DBS CIO Office, Morningstar Investment Management Asia Limited, as of 30 June 2017
- Asset allocation does not ensure a profit or protect against market loss.
- Percentages denote actual tactical asset allocation weights for a 3-month time horizon.
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