Global diversification can make a difference to performance.

100% of Putnam Dynamic Asset Allocation Funds

rank in the top third 
of their Lipper peer groups over all periods as of 6/30/15.

Choose your path to diversification:

Conservative  |  Balanced  |  Growth

Source: Lipper. Three of three Putnam dynamic asset allocation class A funds. Based on total returns before sales charge over 1-, 3-, 5-, and 10-year periods. Rankings for other periods will vary. Past performance does not guarantee future results.

Putnam Perspectives: Analysis of evolving market themes.

Why a bond allocation still matters

With some investors questioning the merits of maintaining a bond allocation, our investigation of asset correlations provides insights.

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Innovation is a major driver of growth

Our analysis of TFP — Total Factor Productivity — gives us confidence that innovation can sustain long-term economic growth at pre-2008 levels.

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Corporate profits: Looking beyond headwinds

Energy sector struggles and the strong dollar are likely to continue to weigh on earnings.

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A surprising shortage in housing

Home construction is falling behind the pace of new household formation, creating an imbalance between housing supply and demand.

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