Putnam Dynamic Risk Allocation Fund combines flexible risk exposures with active decisions.
To improve on traditional balanced portfolios, we've developed a flexible and active approach that reduces the traditional reliance on equities. The goal is a better investment experience through full market cycles, measured by higher Sharpe ratios.
Why focus on higher Sharpe ratios?
A Sharpe ratio measures how well the return of an asset compensated an investor for the risk taken. The higher the Sharpe ratio, the greater the return per unit of risk.