Factors to Ensure Diversification And Asset Allocation Is Suitable For Income Needs And Risk Profile Flashcards
1
Q
Factors to Ensure Diversification And Asset Allocation Is Suitable For Income Needs And Risk Profile
A
- ensure all asset classes are used
- ensure uncorellated assets are used
- take account of current market conditions
- ensure a suitable geographic spread
- take account of currency risk
- eusure enough emergency funds
- and cash for capital outlays such as holiday home / gifting
- take account of income needed
- and hold sufficient income
- performance of existing assets
- level of involvement clients want to have
- davids ATR is high and June’s is low
- longevity expectations
