Asset Allocation
Asset allocation is an asset category that includes balanced and lifestyle portfolios.
Balanced portfolios are composed of equities, bonds and cash investments. They are actively managed, and the distribution of these assets can differ over time.
Lifestyle portfolios are strategically managed to preserve a fairly certain level of volatility or risk. The mix of equities, bonds and cash will determine the volatility of the particular portfolio and will remain relatively consistent over the long term.
