Harvard's Endowment Offers An Education in Asset Allocation
Talks about Harvard's asset allocation being on their website:
Harvard hasn't yet released the official results for fiscal 2008, but its 2008 asset-allocation strategy is on its Web site. Despite the subprime, real-estate and credit crises, Harvard is staying the course, with even larger commitments to foreign equities and commodities than in 2007. U.S. equities constitute 12% of the portfolio; developed foreign equities are 12% and emerging market equities are 10%. Total foreign equities account for 22% of the portfolio, up from 19% in 2007, compared with 12% domestic. Real assets, including commodities, are 33%, up from 31%. Fixed income dropped to 9% from 13%.
Article describes how to use fund screener to find high return funds.
Funds with big fundamental risks often have low standard deviations, and funds that have generated high past returns may in fact be poised to fall. Most of the funds on our list, therefore, are best used in very small doses, if at all.
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ETF portfolio
10/15/2008 11:21:35 pm
SPDR Trust Powershares QQQ Trust iShares MSCI Emerging Markets Index iShares MSCI EAFE Index
THERE’S yet more evidence that it makes sense to invest in simple, plain-vanilla index funds, whose low fees often lead to better net returns than hedge funds and actively managed mutual funds with more impressive performance numbers.
Washington is trying to ease the mortgage crisis by helping people refinance into home loans with better terms. But one group is being left on the sidelines: borrowers with loans too big to qualify for government backing.
Most of us would do well to adopt a streamlined approach to running our own portfolios. After all, wouldn't you prefer to have a portfolio devoted to a short list of those investments in which you have the highest degree of confidence, one that you can hold through thick and thin, no matter what the market serves up?
