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A concise index of new universal lessons. Sent only when there is something new; never tips, signals or recommendations.

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Disclaimer: Ironclad Research provides educational content only. Nothing on this platform is financial advice, a recommendation, or an offer to buy or sell any security. Always do your own research and consider professional advice before making financial decisions.

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  2. Glossary
  3. Asset Allocation
GlossaryPortfolio Construction

Asset Allocation

How a portfolio is divided across asset classes such as shares, bonds and cash — the biggest driver of long-term returns and risk.

Appears in these guides

  • Asset AllocationPortfolio Construction
  • Strategic vs Tactical Asset AllocationPortfolio Construction
  • Correlation & DiversificationPortfolio Construction
  • Modern Portfolio Theory & the Efficient FrontierPortfolio Construction
  • Portfolio Models: 60/40, Three-Fund, Core-Satellite & Target-DatePortfolio Construction
  • RebalancingPortfolio Construction

Related terms

60/40 PortfolioAlphaCore-SatelliteDollar-Cost AveragingEfficient FrontierFactor InvestingMaximum DrawdownModern Portfolio TheoryRisk ParitySharpe Ratio

Related lessons

advancedPortfolio Construction

Factor Investing

Factor investing tilts a portfolio toward characteristics — value, size, momentum, quality, low volatility — that research links to higher long-run returns. Learn what factors are, why they may earn a premium, how 'smart beta' funds capture them, and the real risks: long droughts, crowding and data-mining.

Ironclad Research provides educational content only. Nothing on this platform is financial advice, a recommendation, or an offer to buy or sell any security. Always do your own research and consider professional advice before making financial decisions.