ASSET ALLOCATION

Market leaders change

Diversifying investments can be more effective than choosing one area of the market, because performance leadership changes.

Explore the table below:

See how Putnam Dynamic Asset Allocation avoids the extremes.

Select an asset class to see how the winners fluctuate from year to year.

Putnam has a team experienced in asset allocation

The senior team members have been in place at Putnam for more than a decade, providing experience managing asset allocation strategies through multiple market cycles since 1994.

Robert J. Schoen James A. Fetch Jason R. Vaillancourt
(pictured left to right):

Robert J. Schoen (investing since 1990)

James A. Fetch (investing since 1994)

Jason R. Vaillancourt, CFA (investing since 1993)

Our funds offer strategic diversification

An asset allocation strategy diversifies investments across different asset classes and global markets with the goal of improving the balance of reward an risk.

Dynamic Asset Allocation Conservative Fund PACYX

A globally diversified fund for preserving wealth

Morningstar Overall rating out of 258 Tactical Allocation funds as of 12/31/17

The funds can tactically adjust stock and bond allocations and positions within the allocations

Dynamic Asset Allocation Conservative Fund
Dynamic Asset Allocation Balanced Fund PABYX

A globally diversified fund pursuing a balance of growth and income

Morningstar Overall rating out of 718 Allocation — 50% to 70% Equity funds as of 12/31/17

The funds can tactically adjust stock and bond allocations and positions within the allocations

Dynamic Asset Allocation Balanced Fund
Dynamic Asset Allocation Growth Fund PAGYX

A globally diversified fund pursuing growth

Morningstar Overall rating out of 316 Allocation — 70% to 85% Equity funds as of 12/31/17

The funds can tactically adjust stock and bond allocations and positions within the allocations

Dynamic Asset Allocation Growth Fund

Equity and fixed-income allocations have a flexible range of +/- 15%, allowing the strategies to take advantage of the most attractive opportunities.