Strategy Description
Broad participation in global risk assets such as stocks, bonds and commodities, calibrated based on client risk tolerance: from 100% bonds (~4% volatility) to 100% stocks (~15% volatility)
Moderate portfolio targets a 35% / 65% risk to income assets ratio
ETF selection constantly reviewed for efficiency, keeping costs low – currently 0.2% to 0.25%
Tax implications are reviewed at client, ETF and underlying positions of ETF levels
Sustainability tilts are preferred and implemented for each exposure, all else equal
Active allocation to macro trends, tilting to exposures likely to outperform over the medium term
No betting the farm or short-term trading: time in right parts of market, not timing the market
Daily transparency and liquidity
