Risk Allocation/Multi Asset

Philosophy

We invest for risk-adjusted returns because we believe reducing downside volatility without sacrificing return materially improves compound long-term performance. Our portfolios allow investors to participate in potential gains from asset classes around the world with the ability to potentially dampen market volatility through comprehensive diversification.

Capabilities

  • Five portfolio managers averaging 20 years of investment experience
  • Working together as a team at Putnam for over 13 years

 

Putnam Total Return

 

Multi-Asset Absolute Return Strategy

* No assurance can be given that the investment objective will be achieved or that an investor will receive a return of all or part of his or her investment. Actual results could be materially different from the stated goals. Investors should carefully consider the risks involved before deciding to invest. As with any investment there is a potential for profit as well as the possibility of loss.

Assets may include accounts that are not reflected in the composite.

Not all products and vehicles may be available for purchase in all regions of the world. This strategy is not intended to be a complete investment program. Diversification does not assure a profit or protect against loss. It is possible to lose money in a diversified portfolio. It is important to understand that you can lose money by investing in this strategy. This strategy may not be suitable for all investors. Investing in this strategy entails numerous risks including but not limited to, market risk, liquidity risks, emerging market risk, prepayment risk, credit risk, interest rate risk and counterparty risk.

This strategy may use futures, forwards, swaps, and other derivative instruments on equity, fixed-income and commodity indices and currencies to gain exposure to various markets. Commodities trading involves substantial risk of loss. There are additional risks involved with trading securities in a margin account, including the fact that you can lose more funds that you deposit in the margin account. Derivatives involve special risks and costs. Some derivatives are “leveraged,” which means that they provide a portfolio with investment exposure greater than the value of your portfolio’s investment in the derivatives. As a result, these derivatives may magnify or otherwise increase investment losses to a portfolio. Any use of leverage exposes the strategy to risk of loss. In some cases, the risk may be substantial.