- US stocks large cap: US companies with large market capitalization defined as the group that accounts for the top 70% of the US market capitalization
- US stocks mid cap: US companies with medium market capitalization defined as the group that accounts for the next 20% of the US market capitalization
- US stocks small cap: US companies with small market capitalization defined as the group that accounts for the rest of the US market capitalization. In general, small cap stocks are more risky than large cap and mid cap stocks.
- Non US stocks: companies based outside of US
- Unclassified stocks: other stocks or stocks of unknown type
- US bonds investment grade: either (1) US government bonds (2) bonds of US companies with high/medium credit quality (BBB or higher)
- US bonds high yield: bonds of US companies of low credit quality (BB or lower)
- US bonds inflation protected: US government bonds with built-in inflation protection
- Non US bonds: bonds of companies based outside of US
- Unclassified bonds: other bonds or bonds of unknown type
- Alternative: commodities, managed futures funds, short/long funds, market neutral funds
- Cash & equivalents: short term, high credit quality and highly liquid investments such as money markets; fixed income investments with maturity of less than 90 days.
- Other: unclassified or unknown category
About cash allocation
Negative cash allocation may occur if one or several funds in the portfolio, use leverage, derivatives or short positions. You can identify which funds in the portfolio has negative cash allocation by selecting Allocation->Asset Class, then click on 'Cash and Equivalents'. Please refer to the fund prospectus for more information.
Tip: the Cash allocation may be different from the Cash position of the portfolio, because the cash allocation is the sum of the cash position of the portfolio and the cash positions held by the mutual funds and ETFs in the portfolio.
The summary is a high-level view of the allocation. It groups the asset classes into 4 categories:
- Cash & equivalents
To access the summary view, click on summary in the upper right corner of the allocation view.