Current portfolio allocations differ considerably from our target allocations, set as a long-term aspirational goal, due to elevated market risk, over-priced sectors, and opportunities in cyclicals (including gold and precious metals).
Current Allocations
The graphs below reflect current portfolio allocations.
Past Allocations
The graphs below illustrate how allocations have evolved over time to deal with elevated market risk, over-priced sectors, and opportunities in cyclicals (including gold and precious metals).
