With the general term "Asset Allocation", we mean the operation by which an investment is distributed among different financial sectors (equities, bonds, commodities, cash etc.). The aim of this decision is to diversify the investment in order to achieve an optimal risk/return relationship in line with the client’s profile. With investment funds, the asset allocation determines the very nature of the fund. According to the tables provided by Assogestioni, investment funds can be divided up into five different macro-categories in relation to their " asset allocation basis"1:
Each of the above macro categories is different in the percentage of shares it can hold.
1See the classification by Assogestioni at WWW.ASSOGESTIONI.IT.
Editor: Mirko IORI
© 2009 ASSONEBB