Page 11 - Strategy Flipbook v.2_Classical
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BULL Market BEAR Market
Asset Allocation Asset Allocation
Alternatives Cash Cash
Global
Equities
Global
Equities
Alternatives
Buy and Sell signals continue to be triggered and the portfolio continues to make adjustments, alongside shifts in the
environment, to continually keep the portfolio bullish and volatility stable at all times. Above, we can compare what a
bullish portfolio looks like during a bullish period and what a bullish portfolio looks after the market shifted into a
bear market. As we can see, optimization is a moving target. The strategy needs to move too if the portfolio is to
maintain it.
