|Expense Ratio (net)||0.07%|
|Category||Allocation--50% to 70% Equity|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Below Average|
|Beta (5Y Monthly)||1.04|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Nov 13, 2000|
In a year where a classic 60/40 allocation has showed its value, JP Morgan is joining the line of Wall Street banks that are calling the demise of the traditional portfolio.
Generally, balanced funds stick to a relatively fixed proportion of stocks and bonds but may also have a money fund component. Their objective is typically a mix of income and capital appreciation, explains Cynthia Andrade, contributing editor to MoneyLetter.
Prosper in this volatile market (or any other) by focusing on fundamentals.